HISTORY
WORLD WAR II
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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European Expansion Program
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European Marshall Program
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European Relief and Recovery
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European Recovery Program
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Detailed explanation-1: -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-2: -Thus the Marshall Plan was applied solely to Western Europe, precluding any measure of Soviet Bloc cooperation. Increasingly, the economic revival of Western Europe, especially West Germany, was viewed suspiciously in Moscow.
Detailed explanation-3: -The Marshall Plan (officially the European Recovery Program, ERP) was a series of relief programs initiated in 1948 aid in the recovery and reconstruction of Western Europe. It is named after George Marshall, who was the U.S. Secretary of State.
Detailed explanation-4: -The plan had two major aims: to prevent the spread of communism in Western Europe and to stabilize the international order in a way favorable to the development of political democracy and free-market economies. European reaction to Marshall’s speech was quick and positive.