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Soon after the Truman Doctrine promised to 'support free peoples' (March 1947), General George Marshall went to Europe. He was shocked by what he saw. Europe was ruined and - after the coldest winter in record - starving. Marshall told Truman that all Europe would turn Communist unless the US helped. Marshall announced his Plan to students at Harvard University on 5th June 1947. He promised that America would do 'whatever it is able to do to assist in the return of normal economic health in the world.' He challenged the countries of Europe to produce a plan, which the US would fund. By 12 July, the British politician Ernest Bevin (who called the Plan 'a lifeline to sinking men') had organised a meeting of European nations in Paris, which asked for $22 billion of aid. Stalin forbade Cominform countries to take part. Truman asked Congress for $17 bn, and Congress (after the collapse of Czechoslovakia, March 1948) gave $13 bn. Marshall Aid took the form of fuel, raw materials, goods, loans and food, machinery and advisers. It jump-started rapid European economic growth, and stopped the spread of Communism. This also helped many family's out of starvation.
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What was the result of John Marshall getting involved in the American government?
The Marshall Plan.
Why did the US initiate The Marshall?
The Marshall Plan was a program to aid Europe in which the United States gave economic support to help rebuild the European economies after the end of World War II. The US initiated the Marshall Plan to give aid.
How much was the marshall plan?
The total cost of the Marshall Plan including American grants and loans to the world from 1945--53, came to $44.3 billion. This amount includes aid to Asian countries such as India, Pakistan, South Korea, Taiwan, Indonesia, and the Philippines in 1953. Also another $282 million went to the Middle East and Israel that was not part of the Marshall Plan.
Why did the congress pass the Marshall plan?
To meet this emergency, Secretary of State George Marshall proposed in a speech at Harvard University on June 5, 1947, that European nations create a plan for their economic reconstruction and that the United States provide economic assistance.
Why was the marshall plan successful?
it was successful since it prevented the spread of communism in western Europe.It made the western European countries to regain their faith on capitalism which was nearly lost and also It secured markets for the massive American industrial products which were nearly dumped due to lack of market.Through the Marshall plan US became the leading capitalist power filling the vacuum left by Britain due to its fall.
Was the Marshall plan a loan?
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?
who did not accept the marshall plan
What was the name of the plan that was created to try and rebuild Europe after world war 2?
Marshall Plan
When was the Marshall Plan in effect?
The Marshal Plan was instituted on July 12, 1947.
Us secretary of state who devised a plan to offer massive economic aid to European countries and stop the spread of communism?
Marshall- JS
Who was the marshall plan named after?
George C. Marshall
What helped stimulate the economies and industrial growth of western Europe after the war.?
marshall plan
Who was the author of the Marshall Plan?
I have attached a link that explains the Marshall Plan well. See the link below.
What was the plan to rebuild Europe economically?
the Marshall Plan
Why did Europe receive large amounts of financial aid after World War 2?
Marshall Plan Marshall Plan
The helped stimulate te economies and industrial growth of western Europe after the war?
Marshall plan
Who made a plan to rebuild Europe after world war 2?
Gen George C. Marshall - the Marshall Plan
