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The Marshall Plan By: Tara Slack and Jack Schaefer

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Page 1: The Marshall Plan - North Hunterdon-Voorhees Regional High … · 2019-09-05 · History The plan was to aid European economies after the destruction of WWII. George Marshall believed

The Marshall PlanBy: Tara Slack and Jack Schaefer

Page 2: The Marshall Plan - North Hunterdon-Voorhees Regional High … · 2019-09-05 · History The plan was to aid European economies after the destruction of WWII. George Marshall believed

History● The plan was to aid European economies after the destruction of WWII. ● George Marshall believed that in order to get political stability the

countries must have a stable economy. ● Economic relief was only in western europe. ● Overall the US spent about $12.5 billion to give economic aid to western

Europe

Page 3: The Marshall Plan - North Hunterdon-Voorhees Regional High … · 2019-09-05 · History The plan was to aid European economies after the destruction of WWII. George Marshall believed

Viewpoints

Russia● Didn't want the US to give aid to Germany● Thought the US were going for economic control over Europe ● Also that the US were interfering with the domestic affairs of other

countries

Page 4: The Marshall Plan - North Hunterdon-Voorhees Regional High … · 2019-09-05 · History The plan was to aid European economies after the destruction of WWII. George Marshall believed

Viewpoints

United States● It also benefited the American economy ● Improved european relations● Stopped spread of communism

Page 5: The Marshall Plan - North Hunterdon-Voorhees Regional High … · 2019-09-05 · History The plan was to aid European economies after the destruction of WWII. George Marshall believed

Non Soviet-Bloc European Nations

● 16 countries total participated in the Marshall Plan. They were mostly non soviet-bloc european nations. The soviets withdrew from the Marshall Plan early on and because of this were later followed by the other eastern European nations under this influence.

Page 6: The Marshall Plan - North Hunterdon-Voorhees Regional High … · 2019-09-05 · History The plan was to aid European economies after the destruction of WWII. George Marshall believed

Advantages and Disadvantages ● A total of 16 countries took part in the Marshall Plan. Mostly all non

soviet-bloc European nations(except Spain) received aid.

Page 7: The Marshall Plan - North Hunterdon-Voorhees Regional High … · 2019-09-05 · History The plan was to aid European economies after the destruction of WWII. George Marshall believed

Benefits ● The plan was a huge success. It increased production levels in Europe and

enhanced trade, not just between Europe and the United States but also among the nations of Europe.

Page 8: The Marshall Plan - North Hunterdon-Voorhees Regional High … · 2019-09-05 · History The plan was to aid European economies after the destruction of WWII. George Marshall believed

Benefits ● By 1949, Truman was able to propose an expanded version of the plan to

benefit other, less developed regions of the world. What became known as the Four Point Plan.

Page 9: The Marshall Plan - North Hunterdon-Voorhees Regional High … · 2019-09-05 · History The plan was to aid European economies after the destruction of WWII. George Marshall believed

Opinion

Great idea● Stopped potential spread of communism● Increased relations with western europe ● Also helped US markets with opened up trade● Including Russia was nearly impossible with their demands

Page 10: The Marshall Plan - North Hunterdon-Voorhees Regional High … · 2019-09-05 · History The plan was to aid European economies after the destruction of WWII. George Marshall believed

Sources ● Cole, Curtis. "Marshall Plan." American History. ABC-CLIO, 2014. Web. 7 Mar.

2014.● "Marshall Plan: rebuilding West Berlin." Image. National Archives. American

History. ABC-CLIO, 2014. Web. 10 Mar. 2014● "George C. Marshall." Image. Library of Congress. American History. ABC-CLIO,

2014. Web. 10 Mar. 2014.● "Foreign Assistance Act (1948)." Image. Library of Congress. American History.

ABC-CLIO, 2014. Web. 10 Mar. 2014.● http://www.marshallfoundation.org/TheMarshallPlan.htm● http://history.state.gov/milestones/1945-1952/marshall-plan● http://www.history.com/this-day-in-history/soviet-union-rejects-marshall-plan-

assistance