WORLD HISTORY

Detailed explanation-1: -On April 3, 1948, President Truman signed the Economic Recovery Act of 1948. 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: -Marshall spoke of an urgent need to help the European recovery in his address at Harvard University in June 1947. 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.

Detailed explanation-3: -The Marshall Plan for Peace George Marshall won the Peace Prize for a plan aimed at the economic recovery of Western Europe after World War II. Marshall began his military career in the American forces of occupation in the Philippines in 1902. During World War I he trained American troops in Europe.

Detailed explanation-4: -As Secretary of Defense at the start of the Korean War, Marshall worked to restore the military’s confidence and morale at the end of its post-World War II demobilization and then its initial buildup for combat in Korea and operations during the Cold War.

Detailed explanation-5: -George Catlett Marshall was nominated as Secretary of State by President Harry S. Truman on January 8, 1947, and was confirmed unanimously by the Senate. Marshall entered on duty on January 21, 1947, and served as Secretary of State until January 20, 1949.