The Marshall Plan (officially the European Recovery Program, ERP) was an American initiative enacted in 1948 to provide foreign aid to Western Europe. The United States transferred $13.3 billion to 17 European countries (equivalent to $137 billion in 2025) in economic recovery programs to Western European economies after the end of World War II in Europe.
The Marshall Plan (officially the European Recovery Program, ERP) was an American initiative enacted in 1948 to provide foreign aid to Western Europe. The United States transferred $13.3 billion to 17 European countries (equivalent to $137 billion in 2025) in economic recovery programs to Western European economies after the end of World War II in Europe.
Source: Wikipedia "Marshall Plan" · CC BY-SA 4.0
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