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Under the Marshall Plan, initiated in 1948, the United States provided extensive economic aid to Western European countries to help them rebuild after World War II. The plan allocated about $13 billion (equivalent to over $150 billion today) to support reconstruction, stabilize economies, and prevent the spread of communism. It aimed to restore industrial and agricultural production, improve infrastructure, and promote trade. The Marshall Plan is credited with significantly contributing to the rapid recovery and growth of European economies in the subsequent years.

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