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Marshall Plan

After World War II many nations were hugely in debt due to the expenses of funding a war - things such as equipment, vehicles, wages and maintenance, all costs money to upkeep. On top of that, most countries (France, Germany, Poland - UK to a lesser extent) needed severe reparations due to the intense fighting and destruction that occured within. These things combined left the economies of the countries in shambles and unable to let them recover individually, leading the U.S. to lend financial aid in light of the oncoming threat of Communism spreading after the war.

George Marshall

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14y ago
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10y ago

That would be the The Marshall Plan (European Recovery Program : ERP) .

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16y ago

The Marshall Plan

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Q: After world war 2 Europe received large amounts of financial aid because of?
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