The Marshall Plan Provides Aid to Europe

Article abstract: Following its adoption by Congress in 1948, the Marshall Plan provided almost $12.5 billion in American aid to spur economic recovery in Western Europe.

Summary of Event

In the winter of 1946/1947, European nations struggled to recover from the widespread devastation of World War II. The conflict had levelled cities, destroyed thousands of factories, disrupted transportation and communication systems, and rendered machinery for extracting raw materials useless. The European standard of living had fallen drastically below that of prewar...

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