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The Statement Of The Marshall Plan, 1947

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The Marshall Plan, 1947
As a result of the World War II, the economy in the European countries was affected hardly. The British, French, German, Italy and Dutch economies were affected most of the country’s revenue was spend on the World War II. The economies weakness of the country allows the United State to offer fund to support of preventing the expansion of communist ideology. In 1947, the United States launched the Marshall Plan's plan to help European countries recover the economy and strengthen democratic rule in the country. Marshall Plan was named in conjunction with the Secretary of State George Marshall and was largely established by State Department officials, particularly William L. Clayton and George F. Kennan. The reconstruction …show more content…

Finance and investment have been channeled through the US result of the development and reversal of economics and Western Europe, with a budget of 12 billion dollars. The Soviet Union rejected the Marshall Plan despite initially participating in this talk. The Soviet Union rejected the Marshall Plan which was alleged to be a US intervention in the case of another country. The Soviet Union refused to accept aid and forced other Eastern European countries to do so. However, this economic development policy has brought fears to the United States that the possibility that Germany will return as a strong nation and in the early stages of the French government disagreed with the implementation of the United States Policy of Europe in particular. Therefore, the United States has begun full sanctions against Germany in an effort to regain French support and confidence. Under the Marshall Plan, the United States supplied the US $ 3000 million in raw materials, machinery, oil, and …show more content…

The organization consists of 16 European countries including the United States and Canada. Through this organization, the United States spent a large amount of money to foster economic cooperation among countries. As a result of the aid, western Europe experienced a significant economic recovery. Economic development and prosperity enjoyed by residents led to the inexorable growth of communism in Eastern Europe.
Council for Mutual Economic Assistance,

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