It was used to rebuild European nations after World War II.
The Marshall Plan was Secretary of State George C. Marshall's plan for the U.S to offer economic aid to the European nations to help recover from WWII.
Americans could invest in luxury goods like radios and automobiles, while European economies struggled to rebuild and grow. The postwar boom continued into the Roaring 20s.
That plan enabled European countries to be able to rebuild themselves and to be able to re-establish new governments and economies based on the democratic principles and peace with one another.
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 desire to rebuild European economies that had been devastated by the Second World War resulted in the signing of the Marshall Plan. The plan got its name from George Marshall, who was the US Secretary of State.
George C. Marshall
The desire to rebuild devastated economies after World War 2 resulted in the signing of the Marshall Plan. The plan got its name from Secretary of State, George Marshall.
The Marshall Plan allowed nations to rebuild their economies and infrastructure based on low-cost or no-cost American loans and material.
The USA Marshall Plan rebuilt Europe and Japan after WWII ended.
ERP or the Marshall Plan .
It was used to rebuild European nations after World War II.
The Marshall Plan was Secretary of State George C. Marshall's plan for the U.S to offer economic aid to the European nations to help recover from WWII.
At the end of World War II much of Europe was devastated so under the Marshall Plan the United States loaned $13 Billion to help rebuild Europe. One of the goals was to prevent the spread of communism.
Marshall Plan
The ERP .
The European powers were devastated by WW II and it took years to rebuild their economies and infrastructure (with the help of the US). They were in no condition to control a colonial empire. In addition, the European colonies had also been affected by the war and no longer believed the mythology about the superiority and advantages of European culture and civilization, which had brough the world to such disaster. WW II was very educational, and the colonies were not about to just go back to the way things used to be.