the plan introduced by America for economic revival of Germany and Japan.(a)maltov plan (b) Marshall plan (c)NATO (d)SEATO
Answers
Answer:
B.MARSHALL PLAN
Explanation:
The Marshall Plan (officially the European Recovery Program, ERP) was an American initiative passed in 1948 for foreign aid to Western Europe. The United States transferred over $12 billion (equivalent to $130 billion in 2019) in economic recovery programs to Western European economies after the end of World War II. Replacing an earlier proposal for a Morgenthau Plan, it operated for four years beginning on April 3, 1948.The goals of the United States were to rebuild war-torn regions, remove trade barriers, modernize industry, improve European prosperity, and prevent the spread of communism.The Marshall Plan required a reduction of interstate barriers, a dropping of many regulations, and encouraged an increase in productivity, as well as the adoption of modern business procedures
Answer:
option B is the correct answer
Explanation:
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