European Recovery Program (official name of the Marshall Plan) .
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The Marshall Plan was important because it helped with the recover and rebuild of Europe after World War 2. The plan allowed for the US to give $13 billion dollars to the support the European economies.
It was used to rebuild European nations after World War II.
The Marshall Plan
The Marshall Plan was Secretary of State George C. Marshall's plan for the U.S to offer economic aid to the European nations to help recover from WWII.
The U.S didnt make plans to rebuild europe in post war times, but money and resources such as food and textiles were sent to pay for and rebuild, europeans rebuilt europe. The United States mostly rebuilded Japan. But the money made from trade with Europe made the U.S the richest country in the world for quite some time.