Marshall Plan

American  

noun

1. European Recovery Program.

2. Informal. any comprehensive program for federally supported economic assistance, as for urban renewal.

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Marshall Plan British  

noun

1. Official name: European Recovery Programme.  a programme of US economic aid for the reconstruction of post-World War II Europe (1948–52)

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Marshall Plan Cultural  

1. A program by which the United States gave large amounts of economic aid to European countries to help them rebuild after the devastation of World War II. It was proposed by the United States secretary of state, General George C. Marshall.

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Example Sentences

I talked briefly about the transformational effect of the Marshall Plan, through which the United States had given Europe the means to rebuild its shattered economies, and to re-establish the institutions of democracy.

From BBC

It led to the Marshall Plan, which rebuilt Europe, followed in 1949 by the creation of Nato.

From BBC

“NATO came to be seen as the necessary military escort for Marshall aid. The two went together,” said Steil, who wrote a book on the Marshall Plan.

From The Wall Street Journal

The Marshall Plan, by comparison, was 1% of gross domestic product a year.

From Barron's

Financial journalist Patrick McGee estimates that Apple alone invested $275 billion over five years in China—an amount, in real terms, twice that of the Marshall Plan.

From The Wall Street Journal