European Recovery Program

Summary of European Recovery Program

Commonly known as the Marshall Plan, a post-World War II program to assist the reconstruction of Europe. The plan was proposed by U.S. Secretary of State George Marshall in 1947 and implemented by the Economic Cooperation Act of 1948. During the course of the program, U.S. $13.6 billion in assistance was provided to Western Europe.

(Main Author: William J. Miller)