What Was the Marshall Plan? | History
HISTORY
https://www.youtube.com/watch?v=tMXjsVLOznc

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0:00 for a world war 2 is over but Europe is in ruins what can a country like the United States do to help how about setting aside over 13 billion dollars to
0:12 help rebuild the smoldering continent that's what the European a recovery plan aka the Marshall Plan sought to do restore the European economy by giving
0:21 foreign aid to countries that needed it it was a brilliant move to win the piece by George C Marshall the plans creator Marshall had been a career military man
0:31 and during the war had served as the Army's chief of staff he oversaw the US military strategy and was one of the key figures behind the Allied victory
0:40 Marshall retired from the Army at the end of the war but President Truman valued his brains too much after serving as ambassador to China
0:48 Marshall was appointed Secretary of State in early 1947 soon after he developed his European recovery plan and announced it in June of that year from
0:58 April 1948 to December 1951 the United States shipped food fuel machinery and money to European countries the goal was to help them get back on their feet
1:09 after the devastation of the war in one sense this was good deed foreign policy the United States was being a friend using its considerable resources to help
1:19 war-torn Europe plus the last time the world left a conquered nation and ruins Nazi Germany rose to power but there were other reasons to implement the
1:28 Marshall Plan as well by investing in the economies of European countries the u.s. helped create new markets for its exports perhaps we could interest you in
1:37 a Buick there was a strategic objective to the US wanted to isolate the Soviet Union to keep it from expanding its sphere of influence beyond Eastern
1:47 Europe how better to make capitalism appealing than to spread around money in a war-torn country by the way here are all the countries that received Marshall
1:56 Plan Aid in alphabetical order ready Austria Belgium Denmark France Greece Iceland Ireland Italy Luxembourg the Netherlands
2:08 Norway Portugal Sweden Switzerland turkey the United Kingdom and West Germany now if you listen closely you might have noticed a couple of major
2:16 European countries that weren't on that list the USSR didn't trust the u.s. intentions with the Marshall Plan and forbade Poland and Czechoslovakia from
2:25 receiving American aid too bad for that because the plan worked the gross national product of Marshall Plan countries grew as much as 25 percent it
2:34 put Western European industry back on its feet the American export economy boomed and Soviet influence communism was contained
2:42 to Eastern Europe nice work George Marshall in 1953 he was awarded the Nobel Peace Prize for his efforts the greater honor for Marshall though may
2:52 have been seeing Europe rise from the ashes thanks in part to the plan that bears his name young people in large numbers came out and joined what became
3:04 known as the Red Guards these largely terroristic organizations were used to publicly humiliate assault and in some cases even murder political enemies of
3:14 Mao and the Communist Party