WORLD HISTORY

HISTORY

WORLD WAR II

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which statement describes the Marshall Plan?
A
An alliance designed to combine the forces of all democratic nations in Western Europe
B
An economic plan to spend 12.5 billion dollars on reconstructing Western Europe
C
A failed military plan to cripple communist influence in Western Europe
D
A peace treaty with the Soviet Union that was ultimately rejected
Explanation: 

Detailed explanation-1: -The Marshall Plan, also known as the European Recovery Program, was a U.S. program providing aid to Western Europe following the devastation of World War II. It was enacted in 1948 and provided more than $15 billion to help finance rebuilding efforts on the continent.

Detailed explanation-2: -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-3: -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.

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