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instanceOf
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United States foreign aid program
→
economic aid program
→
post–World War II reconstruction program
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administeredBy
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Economic Cooperation Administration
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aimedTo
|
contain the spread of communism in Europe
→
encourage European economic integration
→
prevent economic collapse in postwar Europe
→
promote free-market economies in Europe
→
promote political stability in Western Europe
→
rebuild war-torn European economies
→
stabilize Western European countries
→
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announcedAt
|
Harvard University
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announcedInCity
|
Cambridge, Massachusetts
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announcementDate
|
1947-06-05
→
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benefitedCountry
|
Austria
→
Belgium
→
Denmark
→
France
→
Greece
→
Iceland
→
Ireland
→
Italy
→
Luxembourg
→
Netherlands
→
Norway
→
Portugal
→
Sweden
→
Turkey
→
United Kingdom
→
West Germany
→
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consideredAs
|
pillar of early Cold War U.S. foreign policy
→
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contributedTo
|
rapid industrial growth in Western Europe
→
strengthening of NATO allies
→
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coordinatedWith
|
Organisation for European Economic Co-operation
→
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countryOfOrigin
|
United States of America
→
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endTime
|
1952
→
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foreignPolicyDoctrine
|
containment
→
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historicalContext
|
post–World War II reconstruction
→
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historicalPeriod
|
Cold War
→
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influencedEvent
|
economic recovery of Western Europe
→
political alignment of Western Europe with the United States
→
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legislativeBasis
|
Economic Cooperation Act of 1948
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namedAfter
|
George C. Marshall
→
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officialName
|
European Recovery Program
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opposedBy
|
Soviet Union
→
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positionOfProposer
|
United States Secretary of State
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primaryBeneficiariesRegion
|
Western Europe
→
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proposedBy
|
George C. Marshall
→
|
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rejectedBy
|
Eastern Bloc countries under Soviet influence
→
Soviet Union
→
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relatedTo
|
Truman Doctrine
→
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shortName
|
ERP
→
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signedIntoLawBy
|
Harry S. Truman
→
|
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startTime
|
1948
→
|
|
totalAidAmountAdjusted
|
over 100 billion in 21st-century dollars
→
|
|
totalAidAmountUSD
|
approximately 13 billion
→
|