Marshall Aidthe Marshall PlanreconstructionEuropepostwar reconstructionAmerican financial aidAmerican financial supportERP creditsEuropean reconstructionEuropean Recovery Plan
The Marshall Plan (officially the European Recovery Program, ERP) was an American initiative passed in 1948 to aid Western Europe, in which the United States gave over $12 billion (nearly $ billion in US dollars) in economic assistance to help rebuild Western European economies after the end of World War II. Replacing the previous Morgenthau Plan, it operated for four years beginning on April 3, 1948.wikipedia
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