What did the Soviet Union do in response to the Marshall Plan?
The Soviet reaction to Marshall’s speech was a stony silence. Molotov immediately made clear the Soviet objections to the Marshall Plan. First, it would include economic assistance to Germany, and the Russians could not tolerate such aid to the enemy that had so recently devastated the Soviet Union.
What was the Marshall Plan and what was its purpose?
Marshall Plan, formally European Recovery Program, (April 1948–December 1951), U.S.-sponsored program designed to rehabilitate the economies of 17 western and southern European countries in order to create stable conditions in which democratic institutions could survive.
What is the purpose of the Marshall Plan?
The Marshall Plan (the Plan) and the European Recovery Program (ERP) that it generated involved an ambitious effort to stimulate economic growth in a despondent and nearly bankrupt post-World War II Europe, to prevent the spread of communism beyond the “iron curtain,” and to encourage development of a healthy and …
Why do you think the Soviet Union opposed the Marshall Plan quizlet?
why did the soviet union oppose the Marshall plan? the Soviet Union wanted world domination, it was not in their best interest to rebuild a strong united Western Europe. The United States joined with western European nations in flying the supplies in.
How did the Marshall Plan benefit the United States economy?
The Marshall Plan generated a resurgence of European industrialization and brought extensive investment into the region. It was also a stimulant to the U.S. economy by establishing markets for American goods.
How did the US and Europe both benefit from the Marshall Plan?
The Marshall Plan, it should be noted, benefited the American economy as well. The money would be used to buy goods from the United States, and they had to be shipped across the Atlantic on American merchant vessels. By 1953 the United States had pumped in $13 billion, and Europe was standing on its feet again.