USA HISTORY

Detailed explanation-1: -The purpose of the Marshall Plan was to aid in the economic recovery of nations after World War II and secure US geopolitical influence over Western Europe. To combat the effects of the Marshall Plan, the USSR developed its own economic recovery program, known as the Molotov Plan.

Detailed explanation-2: -The Molotov Plan was the system created by the Soviet Union in 1947 in order to provide aid to rebuild the countries in Eastern Europe that were politically and economically aligned to the Soviet Union (aka satellite state).

Detailed explanation-3: -Soviet foreign minister Vyacheslav Molotov rejected the Marshall Plan (1947), proposing the Molotov Plan – the Soviet-sponsored economic grouping which was eventually expanded to become the COMECON.

Detailed explanation-4: -The Council for Mutual Economic Assistance (founded in 1949 by the Soviet Union, Bulgaria, Poland, Romania, Czechoslovakia and Hungary) was Soviet Union and Eastern Bloc reaction to the Marshall Plan and Organization for European Economic Cooperation in Western Europe.

Detailed explanation-5: -While the Marshall Plan was, in part, created to stop the spread of communism, the Molotov Plan was there to encourage it. Money from the Soviet Union could be used to prop up nascent communist states in a similar way that the money from the Marshall Plan was attempting to rebuild western-style democracies.