3 reasons why did the american government sent marshall aid to europe
(on Archives.gov). On April 3, 1948, President Truman signed the Economic Recovery Act of 1948. It became known as the Marshall Plan, named for Secretary of State George Marshall, who in 1947 proposed that the United States provide economic assistance to restore the economic infrastructure of postwar Europe.his aid provided much needed capital and materials that enabled Europeans to rebuild the continent’s economy. For the United States, the Marshall Plan provided markets for American goods, created reliable trading partners, and supported the development of stable democratic governments in Western Europe. Introduction. 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.ntroduction. 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. A+E Networks. 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.ntroduction. 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. The Marshall Plan benefited the American economy as well. Marshall Plan money was used to buy goods from America, and the goods had to be shipped across the Atlantic on American merchant vessels. By 1953 America had pumped in $13 billion, and Europe was on the way to standing on its feet again.he Economic Cooperation Act. In a speech on June 5, 1947, U.S. Secretary of State George Marshall proposed that European nations should create a plan for their economic reconstruction and that the United States would provide economic assistance. Secretary Marshall became convinced that Stalin had absolutely no interest in helping restore economic health in Western Europe. President Harry Truman signed the Marshall Plan on April 3, 1948, granting $5 billion in aid to 16 European nations.lthough offered participation, the Soviet Union refused Plan benefits, and also blocked benefits to Eastern Bloc countries, such as East Germany and Poland. The United States provided similar aid programs in Asia, but they were not called Marshall Plan. Congress overwhelmingly passed the Economic Cooperation Act of 1948, and on April 3, 1948, President Truman signed the act that became known as the Marshall Plan. Over the next four years, Congress appropriated $13.3 billion for European recovery.his aid provided much needed capital and materials that enabled Europeans to rebuild the continent’s economy. For the United States, the Marshall Plan provided markets for American goods, created reliable trading partners, and supported the development of stable democratic governments in Western Europe. Propaganda value. The Marshall Plan was cleverly marketed by the American government as a generous and visionary policy, to allow the rebuilding of Europe. The conditions on Marshall Plan funds, however, were not publicly advertised.he US scheduled a conference for July 1947 in Paris, to negotiate how much aid was needed to rebuild Europe and its economies. Delegates attended from sixteen European countries; the Soviet Union, Poland, Czechoslovakia and Hungary did not attend, the last three because of pressure from Moscow. He saw it as necessary for the economic recovery of Western Europe. With this push from Marshall, the Europeans compromised and submitted a plan to the United States in September 1947. The Europeans said they needed $19 billion to carry out the Marshall Plan.n June 5, 1947, Secretary of State Marshall made an innovative proposal in a speech at Harvard University. Noting the disastrous conditions in Europe, Marshall called for a “joint effort” by the European nations to plan the rebuilding of Europe. Some critics and Congressmen at the time believed that America was giving too much aid to Europe. America had already given Europe $9 billion in other forms of help in previous years. The Marshall Plan gave another $13 billion, equivalent to about $100 billion in 2010 value.lthough offered participation, the Soviet Union refused Plan benefits, and also blocked benefits to Eastern Bloc countries, such as East Germany and Poland. The United States provided similar aid programs in Asia, but they were not called Marshall Plan. It became better known as the ‘Marshall Plan’ after its chief promoter, Secretary of State George Marshall. Members of the government viewed the economic reconstruction of Europe as a matter of great urgency, for two reasons.he US scheduled a conference for July 1947 in Paris, to negotiate how much aid was needed to rebuild Europe and its economies. Delegates attended from sixteen European countries; the Soviet Union, Poland, Czechoslovakia and Hungary did not attend, the last three because of pressure from Moscow.
Marshall Plan money was used to buy goods from America, and the goods had to be shipped across the Atlantic on American merchant vessels. By 1953 America had pumped in $13 billion, and Europe was on the way to standing on its feet again.he Economic Cooperation Act