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What plan did the U.S. extend massive financial help for reviving Europe’s economy?
  • a)
    Stalin Plan
  • b)
    Burman Plan
  • c)
    Marshall Plan
  • d)
    Truman
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What plan did the U.S. extend massive financial help for reviving Euro...
The Marshall Plan

The U.S. extended massive financial help for reviving Europe’s economy through the Marshall Plan.

Background:

- After World War II, Europe was devastated, and its economy was in shambles.
- The U.S. recognized the need to help Europe rebuild its economy to prevent the spread of communism.
- Secretary of State George C. Marshall announced the Marshall Plan on June 5, 1947.

Details of the Plan:

- The Marshall Plan was a massive aid program that provided economic assistance to Western Europe.
- The U.S. offered $13 billion (about $130 billion in today’s dollars) in aid to 16 countries over four years.
- The money was to be used for reconstruction and modernization of industry, agriculture, and infrastructure.
- The aid was conditional on the recipient countries cooperating with each other and with the U.S. in implementing the plan.
- The plan was a success, and Europe’s economy recovered faster than expected.

Impact of the Plan:

- The Marshall Plan helped revive Europe’s economy and prevented the spread of communism.
- It also strengthened the U.S.’s position as a world leader and helped establish the U.S. as a superpower.
- The plan was seen as a symbol of U.S. generosity and goodwill towards Europe.

Conclusion:

The Marshall Plan was a significant achievement in U.S. foreign policy history. It helped rebuild Europe’s economy and prevented the spread of communism. The plan also established the U.S. as a world leader and superpower.
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Community Answer
What plan did the U.S. extend massive financial help for reviving Euro...
Under Marshall plan US give financial help to western European countries.
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