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The labeling used on aid packages created and sent under the Marshall Plan. General George C. Marshall, the 50th U.S. Secretary of State. The Marshall Plan (officially the European Recovery Program, ERP) was an American initiative enacted in 1948 to provide foreign aid to Western Europe.
Aug 24, 2024 · Marshall Plan, formally European Recovery Program (1948–51), U.S.-sponsored program advocated by Secretary of State George C. Marshall to rehabilitate the economies of 17 western and southern European countries in order to create stable conditions in which democratic institutions could survive.
Dec 16, 2009 · The Marshall Plan provided aid to the recipients essentially on a per capita basis, with larger amounts given to major industrial powers, such as West Germany, France and Great Britain.
Jun 29, 2022 · 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.
May 15, 2023 · Marshall prioritized rebuilding Europe in part because of his fear that an economically weak Europe would align with the Soviet Union and turn to communism. In support of his effort, in 1948, Congress passed the Economic Cooperation Act —also known as the Marshall Plan.
Marshall Plan, (1948–51)U.S.-sponsored program to provide economic aid to European countries after World War II. The idea of a European self-help plan financed by the U.S. was proposed by George Marshall in 1947 and was authorized by Congress as the European Recovery Program.
The Marshall Plan was proposed in a speech by Secretary of State George Marshall at Harvard University on June 5, 1947, in response to the critical political, social, and economic conditions in which Europe found itself at that time.
Secretary of State Marshall became the only general ever to receive a Nobel Prize for peace. The Marshall Plan also institutionalized and legitimized the concept of U.S. foreign aid programs, which have become a integral part of U.S. foreign policy.
Mar 9, 2017 · Credited with preventing famine and political chaos, the plan later earned General Marshall a Nobel Peace Prize. Shown here are the first and last pages of the resulting law, most commonly known as the Marshall Plan.
May 7, 2018 · Focusing on the critical years 1947 to 1949, The Marshall Plan brings to life the seminal episodes marking the collapse of postwar U.S.-Soviet relations—the Prague coup, the Berlin blockade,...
