Marshall Plan

The Marshall Plan was an economic program from the United States to help aid European countries. The Marshall Plan was nicknamed by Secretary of State, George Marshall. The plan was lasted for four years starting from April 1948. It was nicknamed the ERP( European Recovery Program). This plan aided European countries by giving them cash which helped to build their economy. In the beginning of the plan, the U.S offered aid to the Soviet Union but they did not accept it. The United States offered 13 billion dollars to the European countries that joined the Organization for European Economic Co-operation. The Marshall plan offered hope and recovery to the European countries' destroyed by the war. The plan improved the economy of every country that benefited from this plan, raising their economies' by 35%. The Marshall plan was most beneficial in Western Europe, it boosted trade, productivity, and also helped to rebuild the destroyed country after the war.