The Marshall Plan
Subject:
US History [1]
The Marshall Plan The Marshall Plan, to a certain extent, was the economic extension of the Truman Doctrine. At the end of World War II, starvation and economic crisis threatened to overtake many European nations. Most peoples' means of subsistence had been totally destroyed. There was a slump in production - and a subsequent disruption in trade relations. The threat of a second Great Depression loomed large, and Germany was one of the hardest hit areas. Most German cities had been all but obliterated, and transportation systems lay in ruins. Routinely, refugees fled from East to West in search of a government stable enough to provide them with even the barest daily essentials.