What was the goal of the Marshall Plan after World War II? 🔊
The goal of the Marshall Plan after World War II was to facilitate the economic recovery of Western European nations devastated by the war. Officially known as the European Recovery Program, it aimed to rebuild war-torn economies, modernize industry, and prevent the spread of communism by promoting political stability. The plan involved substantial financial aid, totaling over $12 billion (approximately $100 billion today), which was used for infrastructure repair, agricultural production, and economic revitalization. Implemented in 1948, the Marshall Plan played a significant role in revitalizing European economies and fostering cooperation among nations, contributing to long-term stability in the region.
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