USA HISTORY

POST WAR WORLD 1946 1959

THE MARSHALL PLAN

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What were the goals of the marshall plan?
A
to give help to countries without water
B
Rebuild war torn regions, remove trade barriers, and improve european prosperity
C
to keep the spread of communism going
D
build a casino to help support countries that need help
Explanation: 

Detailed explanation-1: -It became known as the Marshall Plan, named for Secretary of State George Marshall, who in 1947 proposed that the United States provide economic assistance to restore the economic infrastructure of postwar Europe.

Detailed explanation-2: -During the next four years, the United States provided over $13 billion in aid to 16 Western European nations, including West Germany. (That is more than $100 billion in today’s dollars.) increase industrial and agricultural production by rapidly rebuilding factories, railroad, bridges, etc.

Detailed explanation-3: -The Marshall Plan was a U.S.-sponsored program designed to rehabilitate the economies of 17 western and southern European countries in order to create stable conditions in which democratic institutions could survive in the aftermath of World War II. It was formally called the European Recovery Program.

Detailed explanation-4: -Historians have generally agreed that the Marshall Plan contributed to reviving the Western European economies by controlling inflation, reviving trade and restoring production. It also helped rebuild infrastructure through the local currency counterpart funds.

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