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The political effects of the Marshall Plan may have been just as important as the economic ones. Marshall Plan aid allowed the nations of Western Europe to relax austerity measures and rationing, reducing discontent and bringing political stability.
The Mutual Security Act of 1951 was the successor to the Mutual Defense Assistance Act and the Economic Cooperation Act of 1949, which administered the Marshall plan. It became law on 10 October 1951, and created a new, independent agency, the Mutual Security Administration, to supervise all foreign aid programs including military assistance ...
George C. Marshall. On 5 June 1947, George C. Marshall, at the time Secretary of State of the United States of America, gave an address at Harvard University in Cambridge, Massachusetts, where he proposed a plan to aid European recovery after the events of World War II, in the form of financial and economic assistance from the United States.
Gavin Newsom hinted at a "Marshall Plan," and Mayor Karen Bass vowed to clear red tape. Wildfires are still burning in the Los Angeles area, but state and city leaders are already looking ahead to ...
Brian Deese, an economic adviser for Vice President Kamala Harris' presidential campaign, called on Thursday for an economic program to loan allies money to buy U.S. green energy technologies as ...
The Committee for the Marshall Plan, also known as Citizens' Committee for the Marshall Plan to Aid European Recovery, was a short-term organization established to promote passage of the European Recovery Program known as the Marshall Plan – which "fronted for a State Department legally barred from engaging in propaganda."
Haitians deserve the freedom, dignity and respect that comes with a secure and prosperous nation.
With the Western Allies eventually becoming concerned about the deteriorating economic situation in their "Trizone"; the US Marshall Plan of economic aid to Europe was extended also to Western Germany in 1948 and a currency reform, which had been prohibited under the occupation directive JCS 1067, introduced the Deutsche Mark and halted rampant ...