What was the goal of the Marshall Plan?

The goal of the Marshall Plan was to provide financial assistance to rebuild European economies after the devastation of World War II. Officially known as the European Recovery Program, it was initiated by the United States in 1948 to help restore the economic stability of European nations, which had suffered immense destruction during the war. By providing substantial financial aid, the plan aimed to alleviate poverty, prevent the spread of communism, and foster political stability within the region. This initiative not only helped stimulate economic growth but also laid the foundation for stronger political alliances and cooperation among European countries and with the United States. The economic revitalization facilitated by the Marshall Plan was crucial in moving Europe towards recovery and modernization in the post-war era.