The Marshall Plan proposed the reduction of interstate barriers and the economic integration of the European Continent while encouraging an increase in productivity as well as the adoption of modern business procedures.
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36 Facts About Marshall Aid
2.
Marshall Aid spoke of an urgent need to help the European recovery in his address at Harvard University in June 1947.
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3.
The purpose of the Marshall Plan was to aid in the economic recovery of nations after World War II and secure US geopolitical influence over Western Europe.
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4.
Phrase "equivalent of the Marshall Aid Plan" is often used to describe a proposed large-scale economic rescue program.
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5.
In 1951 the Marshall Aid Plan was largely replaced by the Mutual Security Act.
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7.
The Marshall Aid Plan was replaced by the Mutual Security Plan at the end of 1951; that new plan gave away about $7.
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8.
The Marshall Aid Plan was one of the first elements of European integration, as it erased trade barriers and set up institutions to coordinate the economy on a continental level—that is, it stimulated the total political reconstruction of Western Europe.
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9.
Belgian economic historian Herman Van der Wee concludes the Marshall Aid Plan was a "great success":.
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10.
Marshall Aid was particularly discouraged after personally meeting with Stalin to explain that the United States could not possibly abandon its position on Germany, while Stalin expressed little interest in a solution to German economic problems.
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12.
Marshall Aid offered American aid to promote European recovery and reconstruction.
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13.
Marshall Aid was convinced that economic stability would provide political stability in Europe.
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14.
Marshall Aid offered aid, but the European countries had to organize the program themselves.
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15.
Marshall Aid's speech had explicitly included an invitation to the Soviets, feeling that excluding them would have been a sign of distrust.
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16.
Marshall Aid directed that—in negotiations to be held in Paris regarding the aid—countries in the Eastern Bloc should not reject economic conditions being placed upon them.
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17.
Marshall Aid quickly realized that this would be impossible after Molotov reported—following his arrival in Paris in July 1947—that conditions for the credit were non-negotiable.
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18.
Marshall Aid accused the United States of attempting to impose its will on other independent states, while at the same time using economic resources distributed as relief to needy nations as an instrument of political pressure.
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19.
The Marshall Aid Plan was described as "the American plan for the enslavement of Europe".
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20.
Marshall Aid said the Plan was hostile to the Soviet Union, a subsidy for American exporters, and sure to polarize the world between East and West.
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21.
However, opposition against the Marshall Aid Plan was greatly reduced by the shock of the communist coup in Czechoslovakia in February 1948.
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22.
However, before the Marshall Plan was in effect, France, Austria, and Italy needed immediate aid.
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23.
At the time the United States was a significant oil producing nation—one of the goals of the Marshall Aid Plan was for Europe to use oil in place of coal, but the Europeans wanted to buy crude oil and use the Marshall Aid Plan funds to build refineries instead.
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24.
Marshall Aid urged that the United States play a large role in improving European productive efficiency by providing four recommendations for the program's administrators:.
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25.
The Marshall Aid Plan provided a more permanent solution as it gave $3.
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26.
The Marshall Aid money was a gift and carried requirements that Britain balance its budget, control tariffs and maintain adequate currency reserves.
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27.
American goals for the Marshall Aid plan were to help rebuild the postwar British economy, help modernize the economy, and minimize trade barriers.
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28.
Marshall Aid Plan was implemented in West Germany, as a way to modernize business procedures and utilize the best practices.
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29.
The Marshall Aid Plan made it possible for West Germany to return quickly to its traditional pattern of industrial production with a strong export sector.
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31.
The Marshall Aid Plan, linked into the Bretton Woods system, mandated free trade throughout the region.
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32.
We argue that the Marshall Aid Plan did play a major role in setting the stage for post-World War II Western Europe's rapid growth.
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33.
The Marshall Aid Plan gave another $13 billion, equivalent to about $100 billion in 2010 value.
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34.
Criticism of the Marshall Aid Plan became prominent among historians of the revisionist school, such as Walter LaFeber, during the 1960s and 1970s.
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35.
Noam Chomsky said the Marshall Plan "set the stage for large amounts of private US investment in Europe, establishing the basis for modern transnational corporations".
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36.
Marshall Aid Plan has been recently reinterpreted as a public policy approach to complex and multi-causal problems in search of building integrated solutions with multilevel governance.
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