The Marshall Plan

Paper Summary:

This paper explains that the United States, led by United States Secretary of State George Marshall, initiated assistance to reshape Europe through the economic support of the Marshall Plan; however, to receive aid from the United States, a European country must join the Organization for Economic Co-operation and Development (OECD) in order to avoid as much fraud as possible, mainly from the Soviet Union. The author points out that the Soviet and their Eastern Europe block countries left the planning of the plan after they heard that each country would receive this close monitoring on their use of the aid provide by the U.S.. The paper relates that the accomplished mission of the Marshall Plan was (1) to boost to the Europe economy, (2) to promote European production, (3) to bolster European currency and (4) to facilitate international trade.

From the Paper:

"Later another meeting took place at which every country in Europe was invited that had been a part of the Allies power during the war. Once again the Soviet Union was invited to negotiate. It was at this time that it was apparent that the Soviet had every intention of seeking control of most of Europe. Accepting aid from the United States would only forego some of the power that the Soviet could keep. They ultimately refused the Marshall Plan and took Czechoslovakia, Poland, Finland, and many other Eastern European states with them. These states instead adopted the Molotov Plan would was intended to provide Soviet subsidies to help these states rebuild their economies."

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