What was the name of the US policy they gave economic aid to the European democracies after world war 2?

The U.S. policy that provided economic aid to European democracies after World War II was called the Marshall Plan. Officially known as the European Recovery Program, it was implemented in 1948 and aimed to help rebuild war-torn European economies, prevent the spread of communism, and stabilize the region. The initiative significantly contributed to the recovery and growth of Western European nations in the following years.