WORLD WAR II 1941 1945
THE START OF THE SECOND WORLD WAR
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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European Recovery Program
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Intended to reconstruct Cities, Industries, and Infrastructure
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Helped Countries rebuild after the War
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Gave 13 billion in food, money and equipment
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Detailed explanation-1: -Over the next four years, Congress appropriated $13.3 billion for European recovery. This aid provided much needed capital and materials that enabled Europeans to rebuild the continent’s economy.
Detailed explanation-2: -The Marshall Plan was a U.S.-sponsored program implemented following the end of World War II, granting $13 billion in foreign aid to European countries that had been devastated physically and economically by World War II.
Detailed explanation-3: -Sixteen European countries responded by cooperating on a general reconstruction plan that was accepted by the United States. In the end, a total of $13.6 billion (equivalent to $88 billion in 1997 money) was appropriated to the plan. The Marshall Plan was a success.
Detailed explanation-4: -Under Paul G. Hoffman, the Economic Cooperation Administration (ECA), a specially created bureau, distributed over the next four years some $13 billion worth of economic aid, helping to restore industrial and agricultural production, establish financial stability, and expand trade.