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The Marshall Plan, implemented in 1948, aimed to aid the economic recovery of Western European countries after World War II. It provided over $12 billion in economic assistance, which helped rebuild war-torn infrastructure, stimulate industrial production, and stabilize economies. The plan also promoted political stability and the containment of communism by fostering cooperation among European nations, leading to increased integration and the eventual formation of the European Economic Community. Overall, the Marshall Plan significantly contributed to the rapid recovery and growth of Western Europe during the late 1940s and 1950s.

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2d ago

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