Personal tools
 
Views

Argument: Marshall plan was effective bailout after WWII

From Debatepedia

Jump to: navigation, search

Parent debate

Supporting quotations

"History: European Union." History.com: "The Marshall Plan was a U.S.-sponsored plan designed to rehabilitate the economies of 17 western and southern European nations in order to create stable conditions in which democratic institutions could survive. [...] some $13 billion worth of economic aid was distributed over the next four years, helping to restore industrial and agricultural production, establish financial stability, and expand trade. Direct grants accounted for the vast majority of the aid, with the remainder in the form of loans. The Marshall Plan was very successful; several western European countries experienced a rise in their gross national products of 15 to 25 percent during this period. The plan contributed greatly to the rapid renewal of the western European chemical, engineering, and steel industries. The Marshall Plan concept of economic aid was so successful that President Harry S. Truman extended it to less developed countries throughout the world."

Problem with the site? 

Tweet a bug on bugtwits
.