After World War 2, much of Europe was in ruins from being bombed. The Marshall Plan gave assistance for the rebuilding of factories to provide people with jobs to get people back to work. The factories were rebuilt in Western Europe and that area became prosperous.
Eastern Europe was occupied by Russia. No Marshall Plan occurred in Eastern Europe. That area never recovered from World War 2.
Harry S. Truman was the first president. The inventor of the marshall plan was George Marshall.
Marshall Plan
the marshall plan The policy is called the Marshall Plan.
european recovery programme
The reason the Marshall plan was necessary was because the economy in Europe after WW2 was very bad, and with the threat of USSR they needed to get the economy flowing in Europe. Or else many European countries would fall to Communism, in fact there were a few countries in eastern Europe that did become Communist i hoped that helped you out.
An important result of the Marshall plan was that it marked the beginning of America's regular involvement in Europe.
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
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.
The Marshal Plan was instituted on July 12, 1947.
Marshall Plan
George C. Marshall
Marshall- JS
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.
I have attached a link that explains the Marshall Plan well. See the link below.
marshall plan
the Marshall Plan