How did the Marshall Plan help Europe and the US?

Answer 1

It was designed to rebuild European industry after World war II.

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The Marshall Plan was a massive effort to ship food and supplies to Western Europe after World War II. Since those countries had just suffered through 6 years of the most destructive war in history, they were impoverished and unstable. Americans feared that they might be susceptible to violence, and in a worst case scenario, communist revolutions. So we undertook the Marshall Plan to help revitalize those nations and build up their economies.

Answer 2

The Marshall Plan was actually a United States assistance package, not a German one. The U.S. government basically offered loans to countries damaged if not decimated by World War II so that they could rebuild into stable capitalist/democratic countries. The Marshall Plan was motivated in part by a desire to keep Communism at bay in Europe. It also helped American companies since the Marshall Plan money given to European governments was spent on American products, largely.

The only country that actually repaid all of its Marshall Plan debt in full was Finland.

Answer 3

The Marshall Plan was a massive plan to aid in rebuilding Europe after World War II. Western allied nations, as well as neutral nations, and even the Soviet Union were offered economic assistance. The Soviet Union saw this as a threat to their attempt to gain influence in Europe and Asia. The money provided to the European nations enabled them to restore their economies from the ravages of W W II. With unemployment decreasing, more money was spent on goods and services which aided the economy. The nations that owed the US money were able to start paying the debts down and the US began to sell products again to Europe.

Answer 4

give the European nations money to help them rebuild their countries.

Answer 5

A marchial plan is a recovering plan or a developing strategy.

Answer 6

- Help the democracies of western Europe recover from wartime devastation