What was the main objective of the Marshall Plan?

Study for the Praxis Social Studies: Content Knowledge (5081) Exam. Prepare with diverse question formats and detailed explanations. Ace your test with confidence!

The Marshall Plan, officially known as the European Recovery Program, was primarily aimed at facilitating the economic recovery of European nations devastated by World War II. Launched in 1948, this extensive U.S. initiative provided financial aid to help rebuild economies, infrastructure, and promote stability in Western Europe. By investing in the revival of industry and agriculture, the plan sought not only to restore these countries to a functional state but also to prevent the spread of communism by fostering economic stability and growth. The success of the Marshall Plan played a crucial role in revitalizing European economies, leading to increased productivity and trade, and ultimately contributing to long-term peace and stability in the region.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy