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It was philanthropic because it rebuilt European cities and factories.
But it was also self interest because USA needed to rebuild Europe to prevent the spread of unrest and Bolshevism which plagued Germany during the 1930s. Much of the money used in the Marshall Plan was gold looted by the Nazis from Europe during the war which rather than repatriate it to rightful owners what put to redevelopment. Ironically it was also often used in the purchase of American goods and services for the rebuild.
What else can I help you with?
Was the Marshall plan a loan?
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.
Who was the author of the Marshall Plan?
I have attached a link that explains the Marshall Plan well. See the link below.
Did Spain benefit from the Marshall Plan?
Not. Spain & Finland were the only two (non comunists) countries ostracized of Marshall Plan.
What was the name of the loan plan to help rebuild Europe after ww2?
Marshall Plan, named after George C. Marshall, who was then US Secretary of State under President Truman. George Marshall was previously the very successful four-star general, Chief of Staff (head) of the US Army in the Second World War. Marshall won the Nobel Peace Prize for the plan and implementation of American rebuilding of western Europe after the war.
What was the U.S. sponsored economic program designed to rebuild western Europe after world war 2?
It was called the Marshall Plan.
Was the Marshall plan a loan?
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.
Who did not accept the marshall plan?
who did not accept the marshall plan
When was the Marshall Plan in effect?
The Marshal Plan was instituted on July 12, 1947.
What was the name of the plan that was created to try and rebuild Europe after world war 2?
Marshall Plan
Us secretary of state who devised a plan to offer massive economic aid to European countries and stop the spread of communism?
Marshall- JS
Who was the marshall plan named after?
George C. Marshall
Who was the author of the Marshall Plan?
I have attached a link that explains the Marshall Plan well. See the link below.
What helped stimulate the economies and industrial growth of western Europe after the war.?
marshall plan
What was the plan to rebuild Europe economically?
the Marshall Plan
Why did Europe receive large amounts of financial aid after World War 2?
Marshall Plan Marshall Plan
Why was the Marshall plan introduced?
The Marshall paln was introduced as a plan to rebuild Europe, more specifically Germany, after WW2
The helped stimulate te economies and industrial growth of western Europe after the war?
Marshall plan
