Disable ads (and more) with a membership for a one time $4.99 payment
The main goal of the Marshall Plan, initiated in 1947, was to provide financial assistance to rebuild European economies after the devastation caused by World War II. The plan aimed to help Western European countries recover economically by providing over $12 billion in aid, which was essential for rebuilding infrastructure, industries, and overall economic stability. The United States recognized that a prosperous Europe would be beneficial not only to the European nations but also to the U.S. economy, as it would create markets for American goods. Additionally, the Marshall Plan was strategically important in countering the spread of communism by fostering political stability and goodwill, as economically stable countries were less likely to fall under communist influence. This initiative also helped to strengthen alliances between the U.S. and Western European nations during the early years of the Cold War. Thus, the primary focus of the Marshall Plan was indeed on economic recovery and stability through financial assistance.