The Marshall Plan, also known as the European Recovery Program, channeled over $13 billion to finance the economic recovery of Europe between 1948 and 1951. read more
The Marshall Plan was developed by Sectary of State George C. Marshall during the Truman Administration in order to rebuild post-World War II Europe in order to avoid mistakes made after World War I and to halt the expansion of Communism. read more
originated in 1948 as the Organization of European Economic Cooperation (OEEC), led by Robert Marjolin of France, to help administer the Marshall Plan for the reconstruction of Europe after World War II. read more