Answer: The Marshall Plan, also known as the European Recovery Program, was a U.S. program providing aid to Western Europe following the devastation of World War II.
The marshall plan (officially the European Recovery Program, ERP) was an American initiative to aid Western Europe, in which the United States gave over $13billion (which in today's money would be worth $136,957,777.77). This plan was to help rebuild Western European economies after World War II.