What was the goal of the Marshall Plan?
The Marshall Plan was actually a major step on the road to a unified European market. The Marshall Plan had two interrelated goals. The Plan was intended to improve the economic situations of the countries of Western Europe and, at the same time, to discourage them from embracing communism.
On April 3, 1948, President Truman signed the Economic Recovery Act of 1948. It became known as the Marshall Plan, named for Secretary of State George Marshall, who in 1947 proposed that the United States provide economic assistance to restore the economic infrastructure of postwar Europe.
- This was the start of the policy of “containment.” The US did not want communism to spread out of Eastern Europe. The longer-term purpose of the doctrine was to establish the idea that the US would oppose communist efforts to spread their influence around the globe.
- Comecon was formed under the aegis of the Soviet Union in 1949 in response to the formation of the Committee of European Economic Cooperation in western Europe in 1948.
- The Berlin Blockade (24 June 1948–12 May 1949) was one of the first major international crises of the Cold War. During the multinational occupation of post–World War II Germany, the Soviet Union blocked the Western Allies' railway, road, and canal access to the sectors of Berlin under Western control.
The Marshall Plan, also known as the European Recovery Program, channeled over $13 billion to finance the economic recovery of Europe between 1948 and 1951. The plan is named for Secretary of State George C. Marshall, who announced it in a commencement speech at Harvard University on June 5, 1947.
- On April 3, 1948, President Truman signed the Economic Recovery Act of 1948. It became known as the Marshall Plan, named for Secretary of State George Marshall, who in 1947 proposed that the United States provide economic assistance to restore the economic infrastructure of postwar Europe.
- The term satellite nation was first used to describe certain nations in the Cold War. These were nations that were aligned with, but also under the influence and pressure of, the Soviet Union. The satellite nations of the Cold War were Poland, Czechoslovakia, Hungary, Romania, Bulgaria, and East Germany.
- It is best known as a Cold War foreign policy of the United States and its allies to prevent the spread of communism. As a component of the Cold War, this policy was a response to a series of moves by the Soviet Union to increase communist influence in Eastern Europe, China, Korea, Africa, Vietnam, and Latin America.
On June 5, 1947, in an address at Harvard University, Secretary of State George C. Marshall advanced the idea of a European self-help program to be financed by the United States.
- The Truman Doctrine was an American foreign policy whose stated purpose was to counter Soviet geopolitical expansion during the Cold War. It was first announced to Congress by President Harry S. Truman on March 12, 1947, and further developed on July 12, 1948, when he pledged to contain threats to Greece and Turkey.
- The Truman Doctrine, 1947. With the Truman Doctrine, President Harry S. Truman established that the United States would provide political, military and economic assistance to all democratic nations under threat from external or internal authoritarian forces.
- On March 12, 1947, President Harry S. Truman presented this address before a joint session of Congress. His message, known as the Truman Doctrine, asked Congress for $400 million in military and economic assistance for Turkey and Greece.
Updated: 4th November 2019