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Marshall Plan
The Marshall Plan was the large-scale American program to aid Europe where the United States gave monetary support to help rebuild European economies after the end of World War II in order to combat the spread of Soviet communism. The plan was in operation for four years beginning in April 1948...
Timeline of Events
1947
6.5.1947
Marshall Plan: In a speech at Harvard University, United States Secretary of State George Marshall calls for economic aid to war-torn Europe.
1948
4.3.1948
President Harry S. Truman signs the Marshall Plan, authorizing $5 billion in aid for 16 countries.
1951
12.31.1951
The Marshall Plan expires after distributing more than $13.3 billion USD in foreign aid to rebuild Europe.