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- Diego
- Mrs. Sødal
- English
- 8th October 2017
- Marshall Plan
- https://www.britannica.com/event/Marshall-Plan
- - Formally called the “European Recovery Program”
- - (1948-1951)
- - Plan to rehabilitate economy of Europe
- - George C. Marshall
- - Self-help program
- - Financed by United States
- - It was offered to virtually all European countries
- - Communistic and Eastern countries withdrew from participation
- - Countries in plan:
- o Austria, Belgium, Denmark, France, Greece, Iceland, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Sweden, Switzerland, Turkey, the United Kingdom, and western Germany.
- - Four-year plan
- - Financial aid for
- o Trade
- o Agriculture
- o Industrialization
- - Financed 13 billion dollars from U.S over the period or 4 years
- https://history.state.gov/milestones/1945-1952/marshall-plan
- - Plan to stop communism from spreading
- - Europe vulnerable after war
- - In addition to help Europe, companies and factories for export goods were made
- - George C. Marshall received a Nobel Peace prize
- http://www.history.com/topics/world-war-ii/marshall-plan
- - Argued that the export of dollars made it so that
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