jun 5, 1947 - Marshall Plan
Description:
It was an American initiative to aid Western Europe, in which the United States gave over $12 billion (nearly $100 billion in 2016 US dollars) in economic assistance to help rebuild Western European economies after the end of World War II.The goals of the United States were to rebuild war-torn regions, remove trade barriers, modernize industry, improve European prosperity, and prevent the spread of Communism.
Added to timeline:
Date:
jun 5, 1947
Now
~ 78 years ago