What was the Marshall Plan 1947 quizlet?
This was a plan of financial aid put together by Secretary of State George Marshall. It aimed to use US money to support other nations in their resistance to Communism and to open new markets for US goods. It supplied $13 billion to 16 European states between 1948 & 1952.
What was Marshall Plan quizlet?
The Marshall Plan (officially the European Recovery Program, ERP) was the American initiative to aid Europe, in which the United States gave economic support to help rebuild European economies after the end of World War II in order to prevent the spread of Soviet Communism. …
What was the Marshall Plan of 1947?
The Marshall Plan (officially the European Recovery Program, ERP) was an American initiative passed in 1948 for foreign aid to Western Europe. The goals of the United States were to rebuild war-torn regions, remove trade barriers, modernize industry, improve European prosperity, and prevent the spread of communism.
What was the purpose of the Marshall Plan proposed in 1947 quizlet?
What was the purpose of the Marshall Plan, proposed in 1947? To stop the spread of communism by helping rebuild European countries.
What was the main idea of the Marshall Plan quizlet?
What was the main purpose of the Marshall plan? To help Europe regain a good economy after WWII and to help prevent the spread of Soviet comminism.
What was the main purpose of the Marshall Plan quizlet?
What was the Marshall Plan and what was its purpose?
The Marshall Plan (the Plan) and the European Recovery Program (ERP) that it generated involved an ambitious effort to stimulate economic growth in a despondent and nearly bankrupt post-World War II Europe, to prevent the spread of communism beyond the “iron curtain,” and to encourage development of a healthy and …
What was the purpose of the Marshall Plan proposed in 1947?
An effort to prevent the economic deterioration of postwar Europe, expansion of communism, and stagnation of world trade, the Plan sought to stimulate European production, promote adoption of policies leading to stable economies, and take measures to increase trade among European countries and between Europe and the …
What did the Marshall Plan do?
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. In addition to economic redevelopment, one of the stated goals of the Marshall Plan was to halt the spread communism on the European continent.