What was the Marshall Plan intended for?

The Marshall Plan, officially known as the European Recovery Program, was initiated by the United States in 1948 to aid Western Europe’s economic recovery after World War II. Its primary goal was to rebuild war-torn economies, stabilize governments, and prevent the spread of communism by fostering political stability through economic growth. The plan provided over $12 billion in financial assistance, which facilitated the reconstruction of infrastructure, boosted industrial productivity, and promoted trade among European nations. Ultimately, it played a significant role in revitalizing European economies and strengthening transatlantic relations.