George C. Marshall, the Secretary of State, represented The Marshall Plan, also termed as the European Recovery Plan (ERP), at Harvard University on June 5, 1947. The key objective of the plan was to give European countries substantial economic help in order to prevent the collapse of their governments before the Soviets.
What was the Marshall Plan? Name the countries did it help? Explain why it was so significant for the United States? Did this plan build a strong economic base in the Europe after World War second?