Title: Marshall Plan Definition
Headings: Marshall Plan
Marshall Plan
What Was the Marshall Plan?
Key Takeaways
Understanding the Marshall Plan
History of the Marshall Plan
Examples of the Marshall Plan
Marshall Plan FAQs
How Did the Marshall Plan Generate Economic Growth?
Was the Marshall Plan Successful?
How Did the Marshall Plan Impact the World Bank?
What Was the Molotov Plan?
What Did the Truman Doctrine and the Marshall Plan Have in Common?
Article Sources

Content: Understanding the Marshall Plan
The Marshall Plan gave more than $13 billion in aid to European nations—including its World War II enemies, Germany and Italy—and was crucial in revitalizing their post-war economies. By the time U.S. funding ended, in 1951, the economies of all the European recipients had surpassed prewar levels. For this reason, the Marshall Plan was considered a success. Marshall believed that the stability of European governments depended on the economic stability of the people. Europe needed to rebuild transportation hubs, roads, agriculture, factories, and cities that suffered major losses during the long war. The United States was the only major power that had not suffered damage during the war. It made sense that America was the country that should help these other countries rebuild. 1 ﻿ 2 ﻿
The U.S. proposed the Marshall Plan because it was the only country in World War II that had not suffered damage as a result of the fighting. History of the Marshall Plan
Marshall saw communism as a threat to European stability. The Soviet Union’s sphere of influence increased during World War II, and tensions between Eastern and Western Europe intensified.