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The Marshall Plan, formally known as the European Recovery Program, aimed to aid Western Europe’s economic recovery after World War II. Its primary goals were to restore industrial and agricultural production, stabilize economies, and prevent the spread of communism by fostering political stability through economic prosperity. The U.S. provided financial assistance and resources to help rebuild war-torn countries, ultimately facilitating European integration and cooperation. The plan significantly contributed to the rapid recovery and growth of European economies in the late 1940s and 1950s.

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