How did the Marshall Plan help Europe and the US?
The Marshall Plan was a massive plan to aid in rebuilding Europe after World War II. Western allied nations, as well as neutral nations, and even the Soviet Union were offered economic assistance. The Soviet Union saw this as a threat to their attempt to gain influence in Europe and Asia. The money provided to the European nations enabled them to restore their economies from the ravages of W W II. With unemployment decreasing, more money was spent on goods and services which aided the economy. The nations that owed the US money were able to start paying the debts down and the US began to sell products again to Europe.
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The old wooden viaduct connecting Fenit Harbour to the mainland was replaced with a ferro-concrete structure. This is unconfirmed but firmly believed locally. Any other details would be greatly appreciated. MOC
Answer . Britain and France were the main beneficiaries of the Marshall plan, receiving $3.6 billion and $2.2 billion respectively. West Germany received $1.4 billion.
\n. \n Answer \n. \nMostly through massive trade, exchange of ideas and investments. Europeans vigorously invest in American business, pucharse a lot of American products, hold US dollar reserves and sell many goods and services to the US. European businesses have large-scale opertations in t…he US, employing hundreds of thousands of Americans and financing various capitalistic ventures within the US. They also own and operate large sections of the American infrastructure. German utility giant, RWE, for example, owns the American Water Works and Verizon, owned by British Vodaphone, is one of the largest tele-communication infrastructure operators in the US. The EU constitutes America's largest and most important trading partener. Both the US and European economies are interdependent, meaning the both rely and depend on each other. ( Full Answer )
The Marshall Plan helped rebuild the cities and economies of Europe after the devastation of World War II. Along with the establishment of NATO, it assisted the restoration of a stable political structure on the continent. The Marshall plan was intended to help the European economies recover and thu…s prevent these crushed and demoralized countries resist the spread of Russian Communism. By 1951 most of the non-comunist states had exceeded the economic out put of just before the war. At this point the Marshall aid plan was replaced with Mutual Security plan. ( Full Answer )
the Marshal Plan was a program organized by US Secretary of StateGeorge Marshall to facilitate the economic recovery of Europe afterWorld War II since so much industry and infrastructure had beendestroyed in the war. The Plan went into effect in 1948. 1. rebuild the European industrial complex 2. s…tem the tied of communism in the region 3. relieve food shortages ( Full Answer )
On 12th March, 1947, Harry S. Truman , announced details to Congress of what eventually became known as the Truman Doctrine . In his speech he pledged American support for "free peoples who are resisting attempted subjugation by armed minorities or by outside pressures". This speech also included …a request that Congress agree to give military and economic aid to Greece in its fight against communism. Three months later George C. Marshall , Truman's Secretary of State, announced details of what became known as the Marshall Plan or the European Recovery Program (ERP). Marshall offered American financial aid for a programme of European economic recovery. Ernest Bevin , the British foreign secretary, made it clear he fully supported the scheme but the idea was rejected by the Soviet Union. A conference was held in Paris in September and sixteen nations in Western Europe agreed on a four year recovery plan. On 3rd April, 1948, Harry S. Truman signed the first appropriation bill authorizing $5,300,000,000 for the first year of the ERP. Paul G. Hoffman was appointed as head of the Organization for Economic Cooperation (OEEC) administration and by 1951 was able to report that industrial production in Western Europe had grown 30 per cent since the beginning of the Second World War . The European Recovery Program came to an end on 31st December, 1951. It its three year existence, the ERP spent almost $12,500,000,000. It was succeeded by the Mutual Security Administration.. pronouncement by U.S. Pres. Harry S. Truman on March 12, 1947, declaring immediate economic and military aid to the governments of Greece, threatened by Communist insurrection, and Turkey , under pressure from Soviet expansion in the Mediterranean area. As the United States and the Soviet Union struggled to reach a balance of power during the Cold War that followed World War II, Great Britain announced that it could no longer afford to aid those Mediterranean countries, which the West feared were in danger of falling under Soviet influence. The U.S. Congress responded to a message from Truman by promptly appropriating $400,000,000 for this purpose.. pronouncement by U.S. Pres. Harry S. Truman on March 12, 1947, declaring immediate economic and military aid to the governments of Greece, threatened by Communist insurrection, and Turkey , under pressure from Soviet expansion in the Mediterranean area. As the United States and the Soviet Union struggled to reach a balance of power during the Cold War that followed World War II, Great Britain announced that it could no longer afford to aid those Mediterranean countries, which the West feared were in danger of falling under Soviet influence. The U.S. Congress responded to a message from Truman by promptly appropriating $400,000,000 for this purpose. ( Full Answer )
The containment policy (its target: the worldwide containment, andblocking of the further spread, of Communism) led to first theKorean War and later, the Vietnam War. It was also a major drivingforce for the 'cold war' between the US and Russia that lasteduntil 1989. In the Third World, it led to of…ten massive US supportand development aid for any country or leader that called itselfanti-communist or who was threatened by resistance or liberationgroups that called themselves socialist or communist. The Marshall Plan led to massive and essential US help to Europeancountries that had been hard hit by WW 2, to rebuild theireconomies. The Containment Policy played a clear role in this Plan,since the US in this way also wanted to prevent the spread ofCommunism in Western Europe. So Plan and Policy were interlinked, and they were directly orindirectly responsible for most of the major post-war developmentsin Europe, Asia and the Third World. ( Full Answer )
Marshall Plan On 5 June 1947, Secretary of State George C. Marshall proposed a program in which the US would invest vast sums of money in the economic reconstruction of Europe. Not only would former allies be included, but defeated Germany and even neutral nations would be eligible for aid. The Sov…iets condemned the plan but 16 nations received aid under the plan. It was perhaps the greatest acheivement of American Foreign Policy up to that time. The marshall plan was introduced after World War 2 to prevent Communism spreading and to stop Stalin/USSR's sphere of influence increasing. To keep Western Europe democratic. This is a phase of the Cold War. ( Full Answer )
In order of most money received: . Great Britain . France . Italy . West Germany . Netherlands . Greece . Austria . Belgium . Denmark . Norway . Turkey . Ireland . Yugoslavia . Sweden . Portugal . Iceland All these countries remained democratic, apart from Yugoslavia, which was …under the Communist rule of Marshal Tito. It was independent from the USSR. ( Full Answer )
The Marshall Plan had several goals. First and foremost was torebuild Europe as quickly as possible to encourage politicalstability. It was also a humanitarian effort, providing food andhelping to rebuild housing. This was to show the populace thatDemocracy was a better form of government than Commu…nism, the othermajor political theory in Europe. ( Full Answer )
The Marshall Plan provided Western Europe with much needed aid torebuild and repair the damage done by World War 2. It wasespecially designed to get Europe's economy and industry back onits feet after it was completely destroyed during the war.
The Marshall Plan was an initiative to rebuild European economieswith American economic support after the devastating World War IIhad ended. The main goal was to prevent the spread of SovietCommunism into Western Europe.
the us thought the Marshall plan was ok! by that like they thought it was a good idea!
The Marshall Plan was a plan designed by the United States to help rebuild Europe after World War II. The US would provide money for many European countries involved in WWI and even some countries that officially remained neutral. The amount given to a country differed on severity of damage caused b…y WWII and relationship to the US. The UK, France, West Germany, Italy, and the Netherlands received the most as a result of the Marshall Plan. ( Full Answer )
The Marshall plan used economic support of recovering Europeannations to help contain the spread of communism.
Following World War II, the United States funneled approximately$12 billion in loans, credits and trade agreements directed towardsthe recovery of Europe via the Marshall Plan. The expectation wasto extract the maximum in political as well as eventually economicbenefits.
Marshall Plan started in April of 1948. The country received around13 billion dollars in US food and supplies. The plan helped torebuild war-torn Europe.
barack plan on helping the U.S by making a change in life and letting the citizens of the united states know that they have the right to speak their minds and to have the freedom of speech to say what they have to say to the people who don't to make a change in the 2008 year!!!!!!!!!!!!!!!!!!!. VOT…E FOR BARACK OBAMA FOR PRESIDENT!!!!!!!!!!!!!!!!!!!!!!!!! ( Full Answer )
Because at the end of the Second World War, Europe was destroyed, and a risk existed of losing their territories to the URSS, because of the hunger and unemployment of European citizens; so it was urgent to rebuild the European economy, and the production of goods and services to satisfy the needs o…f the European persons. So the Marshall plan was developed and applied, given origen to the Modern European Economy. ( Full Answer )
The Marshall Plan was a brilliant idea that probably saved Europe from a series of Communist takeovers! You have to understand that after WW2 Europe was completely and I mean completely shattered! Only the neutrals such as Switzerland and Spain escaped the devastation of the war. For example, two… of the victors such as Great Britain and France were left destitute, their infrastructure in a shambles and they still had imperial commitments to their colonies and dominions. Also, they were both flat broke! In West Germany, the situation was even worse. After WW1, the Allies had made Germany pay huge reparations. Germany could not afford to do so, and this approach had led directly to the rise of extremist political parties including the Nazi's (and we all know what they started...WW2). The Marshall plan was a series of huge loans, both to the allies (France and Britain) and former foes (West Germany and Italy) that allowed them to rebuild their shattered society. if i remember correctly, the loans, the loans were sold to the US people with the notion that America needed an affluent Europe to purchase US goods and trade. Plus it would keep the strong and growing Communist influence at bay. A very poor answer, but i hope it starts you thinking...and researching! ( Full Answer )
The Marshall Plan helped European countries that had been impacted by WW2 and gave Europe over 13 billion U.S. dollars to aid countries.
The Marshall plan was the US program of economic aid to European countries to help them rebuild after WW 2.
Great Britain got the most money from the Marshall Plan ($3176 million (US)). They received this because the USA and the UK were strong allies and both had a hatred for communism, evident in the Truman Doctrine and Winston Churchill's 'Iron Curtain' speeches. France and Italy also received large am…ounts of money ($2706 million and $1474 million respectively) because they had growing communist parties in their country and were considered the 'weak links' in the West European democratic sphere of influence. ( Full Answer )
After World War II, much of Europe was suffering from dire economic conditions. In March 1947, President Truman announced the Truman Doctrine, which promised U.S. support to any country refusing to submit to an authoritarian regime. This change in U.S. foreign policy (which had previously been somew…hat isolationist) resulted from the Greek civil war against the Communist Party, the Communist faction of which had been supported by the Soviet government. In June 1947, during the commencement address at Harvard University, Secretary of State George C. Marshall revealed a European aid strategy that would help the European economy recover -- this was known as the Marshall Plan. Congress passed an Economic Cooperation Act that authorized the plan in 1948 [source: Library of Congress ]. The Soviet Union was asked to join the program, but the Soviets refused because they would have had to reveal their economic and industrial assets. Being the sole agent of the Marshall Plan (it was officially called the European Recovery Plan) gave the United States an advantage in its efforts to stop the spread of Communism in Europe. Increased American exports to Western Europe benefited U.S. industries, and America became the world's most important economic power. The Soviet Union battled the Marshall Plan with its own propaganda, distributed through the Communist Information Bureau (Cominform), and created the Molotov Plan of relief grants to Eastern Bloc countries. Historians claim these conflicting programs probably increased Cold War tensions. By 1951, Western Europe's economy had recovered. The postwar cooperation between nations created conditions that eventually gave rise to the European Union (EU). At another Harvard commencement in 1972, German Chancellor Willy Brandt announced the creation of the German Marshall Fund. It is a transatlantic non-profit organization that honors the legacy of the Marshall Plan by making grants to foster international cooperation and convening meetings of policymakers. ( Full Answer )
The Marshall helped stabilize western europe by europe retrieving13 billion dollars in U.S. loans and grants for europes economicrecovery between 1948 and 1952.
They got to export with these countries and this meant they did not become communisy
President Truman adopted a foreign policy called containment- It was a policy directed at blocking Soviet influences and stopping the expansion of communism. Added: The Marshall Plan was a program aimed at assisting our Allies and the conquered nations to rebuild their economies and the liv…ing standards of their civilian populations after WWII. Although in reality basically a MASSIVE aid plan, at the same time, it had the effect of also helping this country by keeping industry and agriculture functioning at top capacity in order to do so and, therefore, was able to absorb the massive numbers of young former military members coming back home who would all have been in need of jobs. ( Full Answer )
Stalin refused the Marshall Plan because he felt the plan was a wayfor the United States to spread capitalism. Joseph Stalin ruled theSoviet Union from 1922 to 1952.
by strengthening the economies of European nations A naquele le hicieron el hoyo. Marshall plan was intended to help prevent the spread of communismby helping rebuilding the shattered economies of Western Europeafter the World War 2.
An invitation was sent out to European nations, including the Soviet Union, to get together and discuss the kind of aid that was needed. Once this was done, a proposal was sent to Washington. Although lawmakers were not particularly fond of the idea of spending billions of dollars helping Europe re…build, they finally agreed to send around 5 billion dollars in aid. The Soviet Union chose not to participate in the Marshall Plan. They did not want accountability for their actions as they rebuilt. By the time this plan ended four years later in 1951, the United States had given more than 12 billion dollars in aid. ( Full Answer )
The Marshall plan was an economic aid that USA provided to western Europe in the year 1947. Western Europe was in economic misery after the end of the world war II. As a result of poverty and unemployment extremist parties especially communist parties gained popularity in Western Europe. USA knew t…hat the only way to stop the spread of communism in Europe was to make Western Europe wealthy again. They also knew that this was not possible without financial investment form America.This was the prime reason why Marshall aid was introduced in 1947. USA also knew that if Western Europe falls to communism USA are going to lose very wealthy trading partners and without trading partners another depression can take place. Through the Marshall aid American recieved wealthy trading partners who bought American goods. USA was also keen to recieve support of people in other countries which would easily come if they were financially supported by USA. This would also mean the spread of capitalist ideas in other countries ( Full Answer )
The economic and technical assistance offered by the Marsall Plan was not accepted by the Soviets and it's satellites in Eastern Europe.
The Mashall Plan went along with the containment plan (which was we would not let communism spread) the Marshall plan aided nations who were at risk to falling under communism.
America, who at the time had the biggest economy of anyone, was untouched by Hitler and Tojo and no reconstruction of their homeland was needed. So these 2 factors allowed US to invoke the Marshall plan and reconstruct post-war Europe. Which they fought in and had a hand in destroying. Without Ameri…can Aid, Stalin could of offered relieve to these nations in exchange for control and resources. ( Full Answer )
That plan enabled European countries to be able to rebuild themselves and to be able to re-establish new governments and economies based on the democratic principles and peace with one another.
No. The Marshall Plan was intended to promote economic recovery in Western European countries which had been ravaged by World War 2. Additionally, the Marshall Plan was begun in 1947, so it could not possibly have been the US answer to the Warsaw Pact which did not come into being until 1955. The Wa…rsaw Pact was a military alliance, and it was the Soviet answer to NATO (North Atlantic Treaty Organization) which was created in 1949. ( Full Answer )
The Marshall Plan was important to the U.S. because it helped to stop the spread of communism during that time. Since many nations were bankrupted and vulnerable as a result of the war, the U.S. feared that these nations will resort to a communist government. The Marshall Plan was to send aid and mo…ney towards those countries. ( Full Answer )
I read somewhere it was in the 1990s but I can't find my source now. It was 2006 2006 the lend lease programme ended 2010 monies under the marshall Plan ended
Why did the US devise the Marshall Plan Which gave about 13 billion in grants and loans to nations in western Europe?
to provide food to reduce famine, fuel to heat houses andfactories, and money to jump-start economic growth
tax's really started in world war 1 so the army could use weapons, medicine's, etc. and without the stuff in world war 1 we wont have lots of stuff. and my guess is the same
Some critics say the money was spent on rebuilding militaries and warring. Others say the money saved Europe from being made into communist countries. If you asked the Europeans who benefited from the money they would tell you the money rebuilt their nations and economies. I vote for the latter afte…r seeing how well Europe did recover and have stabilized the peaceful and democratic nations of Europe ( Full Answer )
The proclamation of the Truman Doctrine was followed in JUne 1947 by the European Recovery Program, better known as the Marshall Plan, which provided $13 Billion for the economic recovery of war-torn Europe.
It allowed for aid in the form of loans to be given to nations hurt by the war. Stalin made it illegal for Warsaw Pact countries to accept Marshall Plan aid, thus leaving them under the inefficient communist system. If it can be seen that the Western coutnries (or the countries that accepted Marshal…l aid) were mroe properous with a higher standard of living, it could help discourage the spread of communism simply trhough public opinion. However, that's quite a stretch. ( Full Answer )
The United States implemented the Marshall Plan to prevent the spread of communism into war weakened countries after World War II.
The Marshall Plan (European Recovery Plan) solved a so-called marketing crisis in Europe by encouraging financial stability, which solved the problem of shortages due to repressed inflation. The plan was a large-scale American program to aid Europe where the US gave monetary support to help rebuild …European economies after the end of World War II. ( Full Answer )
Why did the US devise the marshall plan which about 13 billion in grants and loans to nations in western Europe?
The United States devised the Marshall Plan to rebuild Europe afterWorld War II. This was ti prevent the spread of Soviet Communism.
Can you describe the commitment of the United States to rebuild Europe as part of the Marshall Plan?
The Marshall Plan was a plan by the United States to rebuild Europe after World War II. The US loaned money to several European countries both involved or neutral in WWII, and the amount depended on the amount of damage and relationship with the US.
The Marshall plan was intended to help the European economies recover and thus prevent these crushed and demoralized countries resist the spread of Russian Communism. By 1951 most of the non-comunist states had exceeded the economic out put of just before the war. At this point the Marshall aid plan… was replaced with Mutual Security plan. ( Full Answer )
The Marshall Plan allowed European countries to rebuild quickly, economies recovered due to American financial aid.
What was the marshall plan and how it impact the development of western Europe vs eastern Europe during the cold war?
The Marshall Plan was put in place between 1948 to 1952 and was also called the European Recovery Program (ERP). It worked to develop western Europe and repel the spread of communism from eastern Europe during the Cold War.