How Did The Marshall Plan Affect Us Today

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“And the Marshall plan, to us meant a general who had turned into a secretary of state, and that the secretary of state saw the necessity of the reconstruction of these European countries that had suffered so heavily.” Written by Giovanni Agnelli, who was an influential italian industrial and principal shareholder of Fiat. This quote explains how the secretary of state, George C. Marshall, invented this plan, The Marshall Plan, which he originally wanted it to save Europe and fully recover the economy and help fix the disrupted lives of the humans because the war had affected them more than imagined. After World War Two The Marshall Plan significantly affected the lives of many people. First, the marshall plans background and goals for the future to economic recovery. Second, The Marshall plan and how it affected and resulted us today. Third, the comparison of The Marshall Plan and the treaty of Versailles.
First, the Marshall Plan's backgrounds and goals for the economic future. The plan is named for Secretary of State George C. …show more content…
For example, The Marshall Plan’s background and goals for the future to economic recovery, how The Marshall Plan affected and resulted us today, and the comparison of the Treaty of Versailles and The Marshall Plan. There is no doubt that The Marshall Plan contributed extremely to ensuring the departing of Europe and the rest of the world. Local resources accounted for 80 to 90 per cent of capital formation in the major European economies during the first two years of the recovery program. The Marshall Plan provided the “critical margin” of asist that made European self-help possible. The Marshall Plan encouraged higher rates of capital formation and helped to subdue inflation, all these effects led to gains in producing improvements in trade and the most resistant era of social peace and affluence in modern Europe
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