Asked by Josie Sanchez on Jun 28, 2024
Verified
Assess the effects of the Marshall Plan.
A) It was a disaster because China became a Communist country.
B) It never went into effect because the U.S. Congress provided very little funding.
C) The plan struggled because the Soviet Union embezzled half of the funds.
D) The plan was controversial due to the discovery of George Marshall being a communist spy.
E) It helped to jump-start the economies of western Europe.
Marshall Plan
An American initiative passed in 1948 to aid Western Europe, in which the U.S. gave over $12 billion in economic assistance to help rebuild Western European economies after the end of World War II.
Western Europe
A region comprising the western part of Europe, often associated with democratic political systems, advanced economies, and a high standard of living.
- Recognize the targets and consequences of the Marshall Plan on the revival of Europe post-World War II.
Verified Answer
ER
Emily RidingsJun 30, 2024
Final Answer :
E
Explanation :
The Marshall Plan, officially known as the European Recovery Program, was an American initiative passed in 1948 to aid Western Europe, in which the United States gave over $12 billion (approximately $128 billion in current dollar value as of 2023) in economic assistance to help rebuild Western European economies after the end of World War II. This aid was instrumental in revitalizing the economies of recipient nations, fostering economic cooperation, and warding off the spread of communism, making it a significant success in post-war recovery efforts.
Learning Objectives
- Recognize the targets and consequences of the Marshall Plan on the revival of Europe post-World War II.