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  • Essay / Marshall Plan - 735

    After World War II, the majority of Europe was completely destroyed. Militarist nations had bombed bridges, roads, railways, and most supplies throughout Europe. Europe desperately needed to rebuild itself. However, it was not an easy mission. The European government was in debt and had no money left because all the money had been invested in the resources needed for the destructive war. Eventually, the United States was freed from the ravages of war that left approximately 406,000 Americans dead. The United States' economy was stable, making it a prosperous nation through economic expansion, otherwise known as the post-war economic boom. The United States was moving forward with the aspiration and momentum to become a leading power. As a result, they wanted to help their allies, including Europe, with the intention of recovering from the war. To do this, the United States created the Marshall Plan. The Marshall Plan was able to distribute aid and resources to countries in Europe in an effort to recover from World War II. Although many countries still fell into numerous conflicts involving communism, the Marshall Plan overall achieved many of its goals, such as economic stability. The impact of the Marshall Plan has had a great effect on modern society. On June 5, 1947, Secretary of State George Marshall spoke to many people at Harvard University and wrote a proclamation about the destruction and economic conditions of Europe after World War II. War 2. The speech laid out Europe's path to financial recovery for the next four years. The European Recovery Program (ERP), which is the legal title of what is also known as the Marshall Plan, sought to achieve major objectives. F...... middle of paper ...... withhold any action to be taken. During the years 1948 to 1952, a rapid phase of development in Europe was revealed. The European nation featured growing markets and productive commerce through the deliberate management of the Marshall Plan. The plan aimed to prevent the spread of communism westward, change the currency again, promote alliances, and even strengthen the economy. Overall, the plan was a victory and was further widely accepted by the United States. It highlighted the danger and spread of communism and reinvigorated the European financial system. The Marshall Plan believed that the prosperity of Europe might lead them to reject the idea of ​​communism. Over time, Europeans had not only fully recovered from World War II, but had nonetheless become a more prosperous and prolific nation than ever before....