Answer to Question #164060 in History for chris

Question #164060

Identify the purpose of the Marshall Plan in 1948?

Expert's answer

The European recovery plan was also known as the Marshall Plan was a program by the United States aimed at providing aid to European countries that had been devastated due to the consequences of the Second World War. It is in the year 1948 that it was enacted and provided finance of more than fifteen billion dollars in efforts to rebuild the continent. It was a four-year plan crafted to reconstruct infrastructure, industries, and cities that had been damaged heavily during the war. Additionally, it was aimed at removing barriers of trade between neighboring countries in Europe and also enhance commerce between the United States and those countries.

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