The Marshall Plan, formally the European Recovery Program, was an American aid program to rebuild the economies of Western Europe after the Second World War. It took its name from Secretary of State George C. Marshall, who proposed it in a speech at Harvard in June 1947, and it was authorized by the US Congress in April 1948. Over about four years the United States provided billions of dollars in grants and loans, much of it used to buy food, fuel, machinery and raw materials. Aid was coordinated through the Organisation for European Economic Co-operation. The offer was extended to Eastern Europe, but the Soviet Union rejected it and pressed its satellites to do so as well. The plan supported recovery, trade and cooperation among Western European states.
Before and after
- 7 March 1948Founding of Nea Salamis Famagusta FC
- 9 March 1948Death of Edgar de Wahl
- 20 March 1948Birth of John de Lancie
- 31 March 1948Birth of Al Gore
- from 3 April 1948 to 1 December 1951Marshall Plan
- 7 April 1948Founding of World Health Organization
- 9 April 1948Deir Yassin massacre
- 13 April 1948Hadassah medical convoy massacre
- 16 April 1948Founding of Organization for Economic Cooperation and Development
More in Wars, politics & history
- 6 August 1945Atomic bombings of Hiroshima and Nagasaki
- from January 1978 to February 1979Iranian Revolution
- from 22 September 1980 to 20 August 1988Iran–Iraq War
- 3 November 20202020 United States presidential election
- 7 October 2023Gaza genocide
- 28 February 20262026 Iran War
The era
This moment belongs to the Contemporary world (1945 CE to today), the world since 1945. You can also browse everything in the 20th century.