the united states funded the marshall plan to help europe recover from world war ll.
the united states funded the marshall plan to help europe recover from world war ll.
who funded the marshall plan to help europe recover from world war ll?
the united states
the united states was already spending a great deal to help europe recover. over $14 billion was spent or loaned during the postwar period through the end of 1947 and is not counted as part of the marshall plan. much of this aid was designed to restore infrastructure and help refugees. britain, for example, received an emergency loan of $3.75 billion.
marshall plan
after marshall's return to the u.s. in early 1947, truman appointed marshall secretary of state. he became the spokesman for the state department's ambitious plans to rebuild europe. on june 5, 1947 in a speech at harvard university, he outlined the american proposal. the european recovery program, as it was formally known, became known as the marshall plan. clark clifford had suggested to truman that the plan be called the truman plan, but truman immediately dismissed that idea and insisted that it be called the marshall plan. the marshall plan would help europe quickly rebuild and modernize its economy along american lines. the soviet union forbade its satellites to participate.
george marshall