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Marshall Plan
noun
Informal., any comprehensive program for federally supported economic assistance, as for urban renewal.
Marshall Plan
noun
Official name: European Recovery Programme. a programme of US economic aid for the reconstruction of post-World War II Europe (1948–52)
Marshall Plan
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.
Example Sentences
The Marshall Plan, by comparison, was 1% of gross domestic product a year.
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.
Abroad, this took the form of massive European rebuilding investment, the Marshall Plan.
The United States Agency for International Development, or USAID, was a lineal descendant of the Marshall Plan and an embodiment of soft power.
What came to be known as the Marshall Plan was such a brilliant success that Washington decided to apply the idea on a global scale.
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