What was the name of the economic policy that allowed the United States to support European countries after World War II? 🔊
The economic policy that allowed the United States to support European countries after World War II was known as the Marshall Plan. Initiated in 1948, this U.S. program provided over $12 billion (approximately $130 billion today) in economic aid to help rebuild Western European economies ravaged by the war. The plan aimed to promote economic recovery, combat the spread of communism, and ensure political stability in Europe. By facilitating the reconstruction of infrastructure and economies, the Marshall Plan significantly contributed to the recovery and growth of European nations, fostering a sense of solidarity and cooperation among countries in the region.
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