apr 3, 1948 - Marshall Plan

Description:

-After the devastation that happened in World War II, the U.S made a program that provided aid to Western Europe, which used more than $15 billion dollars to rebuild 16 countries.

-It generated an effort to stimulate economic growth in post WWII Europe. This was used to stop the spread of communism and prevent the stagnant world trade.

-This had many accomplishments, for example, european agriculture and industrial production was markedly higher, which improved the dollar gap, and trade liberalization as well as economic integration.

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