1947day.year
Cold War: Marshall Plan: In a speech at Harvard University, the United States Secretary of State George Marshall calls for economic aid to war-torn Europe.
United States Secretary of State George Marshall delivers a landmark speech at Harvard University, calling for major economic aid to rebuild war-torn Europe.
In his commencement address at Harvard University on June 5, 1947, George C. Marshall outlined what would become known as the Marshall Plan.
He proposed extensive American assistance to rebuild European economies devastated by World War II.
Marshall emphasized that economic stability abroad was essential for lasting peace and the prevention of future conflicts.
The speech marked a turning point in U.S. foreign policy, shifting from isolationism to proactive international engagement.
The subsequent European Recovery Program funneled billions of dollars in aid to participating nations, spurring rapid reconstruction.
Widely credited with revitalizing Europe's battered infrastructure and industries, the Marshall Plan also deepened the emerging Cold War divide between East and West.
1947
Cold War
Marshall Plan
Harvard University
United States Secretary of State
George Marshall