the june 1947 united states foreign policy initiative that envisioned a new deal for europe, and pledged billions of dollars to finance european economic recovery was

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04-11-2022
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the june 1947 united states foreign policy initiative that envisioned a new deal for europe, and pledged billions of dollars to finance european economic recovery was

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Qwglue Qwglue · Answer 1 · 2022-11-09T10:20:04-05:00

It was the Marshall Plan of United States foreign policy which was initiated in June 1947 in order to envision a new deal for Europe and pledged billions of dollars to finance European economic recovery.

1947 was the year when most European countries were facing economic crises due to the heavy impacts of world war II. Therefore, to help European and rebuild the whole once again, the United States came forward in the form of the Marshall Plan.

US Secretary of State George C. Marshall proposed a plan to provide Europe with $13 billion as economic aid. The main objective of the United States is to stop Europe from converting to communism as China did in 1949. This plan helped European in rehabilitation and at the same time, it also helped and boosted the economy of America as most of the goods and services were exported by America and the use of american goods.

To learn more about the marshall plan, follow the below link:

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