Marshall Plan Begins - $13 Billion Aid Program Benefits American Exporters and Defense Industry
The Marshall Plan (officially the European Recovery Program) begins on April 3, 1948, as the United States initiates a $13.3 billion economic recovery program for Western Europe ($137 billion in 2024 dollars). Announced by Secretary of State George Marshall in June 1947 and signed into law by …
George Marshall
Harry S. Truman
U.S. Congress
European Recovery Program
cold-war
foreign-aid
corporate-welfare
military-industrial-complex
trade-policy
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