It provided help to nations to rebuild after WWII.
who did not accept the marshall plan
Your Answer: Postwar Economic Recovery
The Marshal plan was initiated for recovery os European Region after the World War II. It was named after the Secretary of State George C. Marshall who offically announced it. It was announced on 5th june 1947 and focused on providing financial help to European Countries affected by the War.
George C. Marshall
Europe following World War Two was in economic ruin. Six years of fighting had left the economies of Europe devastated. To counter-act this, United States State Department developed "The Marshall Plan" (officially known as the European Recovery Program), which involved the United States giving $17 billion in economic support to European countries following the war. The plan was put into action in April 1948, and helped spur on an incredible recovery of Europe's economies.
June 5, 1947
The Marshal Plan was instituted on July 12, 1947.
The Marshall Plan.
It was created in 1947 by former General Marshall. You can read about it on the link below.
i think it was approved in the year 1947
After World War II, Secretary of State George Marshall developed a plan for the rebuilding of western Europe. Called the Marshall Plan, it was presented in 1947 and enacted in 1948.
The Time Magazine Person of the Year in 1947 was US Secretary of State George Marshall. He was chosen for his role in creating the Marshall Plan, which helped rebuild Europe after World War II.
It was the speech in which Marshall called for the post-war aid program to Europe that would come to be known as the Marshall Plan.
The Taft Hartley Act was passed in 1947. The Berlin Blockade happened in 1948.
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
To meet this emergency, Secretary of State George Marshall proposed in a speech at Harvard University on June 5, 1947, that European nations create a plan for their economic reconstruction and that the United States provide economic assistance.