America 1940-1949: Business and the Economy Research Article from American Decades

This Study Guide consists of approximately 60 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of America 1940-1949.

America 1940-1949: Business and the Economy Research Article from American Decades

This Study Guide consists of approximately 60 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of America 1940-1949.
This section contains 487 words
(approx. 2 pages at 300 words per page)
Buy the America 1940-1949: Business and the Economy Encyclopedia Article

Rebuilding Europe.

In June 1947 U.S. secretary of state George Marshall proposed what became known as the Marshall Plan, in which suffering European nations trying to rebuild would receive American aid. The program, according to Marshall, would be "directed not against any country or doctrine but against hunger, poverty, desperation, and chaos." European nations, including the Soviet Union, responded quickly to the American offer. The Soviets and their allies withdrew after the first meeting, but the sixteen remaining countries reached an agreement with the United States. These countries initially asked for $29 billion in aid, but the United States cut this amount to $17 billion over four years, with $5 billion going to Europe in the first year of the program.

Motives.

Marshall's proposal represented the culmination of much debate in Washington as to the best foreign-policy approach to the postwar world. Essentially, those...

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This section contains 487 words
(approx. 2 pages at 300 words per page)
Buy the America 1940-1949: Business and the Economy Encyclopedia Article
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