Question

How did the Marshall plan impact the European economy in the post-World War II era?

Answer 1

Marshall Plan had very huge impact on the European economy. Its goal was to rebuild economy in Western Europe by providing food, supplies and money. The amount of money which USA sent in to Western Europe was in about 12 billion dollars.

Answer 2

The correct answer is: "The Marshall plan contributed to the economic boom that took place in Europe after WWII".

The Marshall Plan was an initiative launched by the US in 1948 to help the recovery of Western European countries after WWII. $ 12 billion were sent to rebuild those countries and to boost their economies by rebuilding factories, infrastructures, civil buildings, etc.

The US had adopted the containment strategy, a foreign affairs approach which focused on stopping the spread of communism worldwide. Therefore, rebuilding Western Europe under the influence of the US was beneficial because the Western European powers would side with the US and act as a barrier for containing communism, that was in fact suceeding on the Eastern regions of the continent.