Marshall plan

Marshall Plan is a European Recovery Program. Here, we represent the concise idea about this plan.If there is any mistake, then look at it with forgiveness.

1. WELCOME TO OUR PRESENTATION

2. MARSHALL PLAN

3. Objective of this study: To know the Emerging Context of Marshall Plan To understand about Marshall Plan To verify the consequences of Marshall plan

4. Emerging context of Marshall plan After Second World War Increase of Communist progression Increasing the dominance of USSR Panic of America Trueman Doctrine

5. Marshall plan

6. To Be Continue Also known as ERP- European Recovery program 18 countries of Europe participated in Marshall Plan The brainchild of U.S. Secretary of State George C. Marshall, for whom it was named Provided fund on a per capita basis On December 11, 1953, George Marshall was awarded the coveted Nobel Peace Prize, for his work.

7. Objective of Marshall plan Aimed to stop the spread of communism To improve Europe’s political and Economic stability. To provide a market for American Goods Remove trade barrier

8. Execution of Marshall plan Some of $13 billion allotted by mid-1951 Large amount of aid to major Industrial Power. $3.48 billion had been spent on imports of raw materials $3.2 billon had been spend on food and fertilizer $1.9 billon had been spend on machine, vehicle and equipment $ 1.6 billon had been spend on Fuel

9. Area of Marshall plan

10. Amount of Payments

11. Reaction of USSR against Marshall plan Soviet Union refused it Joseph Stalin forbade Eastern Europe countries from having anything to do with Marshall plan USSR saw the plan as a significant threat to the Soviet’s control of Eastern Europe In response, The Soviet Union created the Molotov plan Later expanded into the COMECON, a system of bilateral trade agreements

12. Consequences of Marshall plan Economic progression in Europe Expansion of trade Prevent the domination of communist bloc Established of NATO- North Atlantic Treaty Organization Made a strong integration among Western European leaders Allowed the nations of Western Europe to bringing political stability Europe used as a market of America Create an threatening environment known as COLD WAR

13. References Arkes,Hadley (1972).Bureaucracy, the Marshall plan,and the National Interest. Princeton :Princeton University press. Eichengreen,Barry (1989)."European Economic Growth After World War II:The Grand Schema.“ Gimbel,John (1976).The origin of the Marshall plan. Palo Alto:Stanford University press. # Kindleberger,Charles (1967),Marshall plan Days. Mayne,Richard (1973),The Recovery of Europe, 1945-1973.#Milward Alan S. (1984).The Reconstruction of western Europe 1945-51. Pogue Forrest C.(1990)George C. Marshall :statement 1945-49.New York :Viking press.

14. THANK YOU