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While $19.4 billion was allocated for capital costs in the Marshall Plan, the Technical Assistance Program only required $300 million. Only one-third of that $300 million cost was paid by the United States.
Aug 24, 2024 · Marshall Plan, formally European Recovery Program (1948–51), U.S.-sponsored program advocated by Secretary of State George C. Marshall to rehabilitate the economies of 17 western and southern European countries in order to create stable conditions in which democratic institutions could survive.
Dec 16, 2009 · The Marshall Plan, also known as the European Recovery Program, was a U.S. program providing aid to Western Europe following the devastation of World War II.
The Marshall Plan would run for four years and cost more than $US13 billion. This aid not only facilitated the recovery of Europe’s national economies, it had obvious advantages for the United States.
From July 1945 through December of 1947, the $400 million dedicated to supporting anti-communist forces under the Truman Doctrine was part of approximately $11 billion in aid to Europe, much of which was intended for more immediate humanitarian relief from social, economic, and political challenges to Europe, rather than longterm plans for stabi...
Marshall Plan, (1948–51)U.S.-sponsored program to provide economic aid to European countries after World War II. The idea of a European self-help plan financed by the U.S. was proposed by George Marshall in 1947 and was authorized by Congress as the European Recovery Program. It provided almost $13 billion in grants and loans to 17 countries ...
Oct 30, 1997 · The Marshall Plan and other forms of foreign assistance between them cost the United States $17.6 billion (or $120 billion in current value for the Marshall Plan alone)--as we said, the largest voluntary transfer of resources in history.
