Historical Events tagged with "economic aid"
Turns out history loves a label—battles, breakthroughs, and the occasional disaster, all neatly tagged for your browsing pleasure. Because sometimes you just need every weird invention in one place.
Marshall Plan Initiated for Europe Recovery
In a pivotal speech at Harvard University, U.S. Secretary of State George Marshall outlined a comprehensive plan for economic aid to war-torn Europe. He emphasized the urgent need for financial assistance to revitalize nations devastated by World War II, arguing that political stability hinged on economic recovery. This vision set the stage for the Marshall Plan, officially known as the European Recovery Program, which aimed to foster economic cooperation among European nations and counter the spread of communism by rebuilding war-crippled economies.
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