Topic > Marshall Plan - 735

After World War II most of Europe was completely destroyed. Militaristic nations had bombed bridges, roads, railways and most supplies across Europe. Europe desperately needed to rebuild. However, this was not an easy mission. The European government was in trouble and had no more money because they were all invested in resources to fight the destructive war. Ultimately, the United States was free from the ravages of war that claimed the lives of approximately 406,000 Americans. The United States economy was stable, leaving it a prosperous nation thanks to economic expansion, otherwise known as the post-war economic boom. The United States was progressing with the aspiration and momentum of becoming a leading power. As a result they wanted to help their allies, including Europe, with the intention of recovering from the war. To do this, the United States created the Marshall Plan. The Marshall Plan was able to distribute aid and resources to countries across Europe with the goal of recovering from World War II. Although many nations were still involved in many conflicts involving communism, overall the Marshall Plan achieved many of its goals such as economic stability. The impact of the Marshall Plan has had a great effect on modern society. On June 5, 1947, Secretary of State George Marshall addressed numerous people at Harvard University and crafted a proclamation about the destruction and economic conditions of Europe during the postwar period. War 2. The speech introduced Europe's path to financial recovery for the next four years. The European Recovery Program (ERP), which is the legal title of what is also known as the Marshall Plan, sought to achieve important goals. F...... middle of the paper...... hold back any actions you need to take. During the years from 1948 to 1952 a rapid phase of development was seen in Europe. The European nation featured growing markets and productive trade thanks to the deliberate management of the Marshall Plan. The Plan focused on preventing the spread of communism to the West, reshaping the currency, promoting alliances, and even strengthening the economy. Overall, the Plan was a victory and gained widespread acceptance by the United States. It ended the danger and spread of communism and reinvigorated the European economy. The Marshall Plan was convinced that the prosperity of Europe could lead them to refuse to accept communism. Over time, Europeans had not only fully recovered from World War II, but had nevertheless transformed themselves into a more prosperous and prolific nation than ever before...