When and where was the marshall plan first introduced

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 over $128 billion as of 2020) 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

Explanation:

Marshall Plan

Enacted bythe 80th United States Congress

EffectiveApril 3, 1948

Citations

Public law80-472

Statutes at Large62 Stat. 137

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