The Marshall Plan

RORY: Explain to me the political ramifications of the Marshall Plan.

The Marshall Plan, officially the European Recovery Program or ERP, was an American initiative enacted in 1948 to provide foreign aid to Western Europe. The US transferred over $13 billion (equivalent to around $115 billion today) in economic recovery programs to Western European economies after the end of World War II.

The initiative was named after the US Secretary of State, George C. Marshall, and one of its main ramifications was to ensure greater geopolitical influence for the US in Western Europe. It has been argued that it marked the beginning of the Cold War, with the USSR refusing assistance, and determined to bolster its own influence in Europe. This was seen by the US as an act of hostility.

Jess’ History class is obviously studying the Post-War era.

One thought on “The Marshall Plan

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.