The Marshall Plan was a plan for the economic rebirth of the US allied countries after World War II. It involved a generous aid package and financial support.
Explanation: This statement refers to the <u><em>Marshall Plan</em></u>, an initiative following World War II. This is part of the "Marshall Plan" speech at Harvard University, 5 June 1947, delivered by George Marshall. It was a plan to help rebuild Western European economies after the war. The United States gave a large sum of money to Western European countries to help modernize their industry, improve prosperity and prevent the spread of Communism.
