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Why was there a need for the Marshall plan?

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Anonymous

∙ 14y ago
Updated: 8/19/2019

because there was heavy economic distress in Europe

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Wiki User

∙ 14y ago
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What is a description of the Marshall plan?

General George Marshall gave aid to countries in need at the time (England)


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The Marshall Plan was, indeed a loan. No, the Marshall plan was not a loan. It was aid. There were loans made but they were not part of the Marshall Plan itself.


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The Marshal Plan was instituted on July 12, 1947.


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I have attached a link that explains the Marshall Plan well. See the link below.


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