Which plan was introduced to provide economic aid to Europe to help revitalize economies post-World War II?

Prepare for the CLEP US History II Test. Use flashcards and multiple choice questions with hints and explanations. Ensure your readiness for the exam!

The Marshall Plan, officially known as the European Recovery Program, was introduced in 1948 to provide significant economic aid to European countries devastated by World War II. Its main goals were to assist in the rebuilding of war-torn regions, remove trade barriers, modernize industry, and improve European prosperity to prevent the spread of communism. By providing approximately $13 billion in financial support over four years, the United States aimed to foster economic stability and political stability in Western Europe. This plan played a crucial role in the rapid recovery of Europe and is credited with setting the stage for economic cooperation among Western European nations and strengthening the ties between the United States and Europe.

In contrast, the Fair Deal was a set of domestic programs proposed by President Harry Truman aimed at social welfare and civil rights in the United States; the New Deal refers to Franklin D. Roosevelt's programs aimed at recovering from the Great Depression; and the Truman Doctrine was a policy aimed at containing communism, primarily through military and political means, rather than focusing on economic aid to rebuild economies.

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