Marshall Plan in the United States

Marshall Plan in the International Business Landscape

Definition of Marshall Plan in the context of U.S. international business and public trade policy: Massive U.S. aid program following World War II; designed to help European nations rebuild themselves.

Marshall Plan in the U.S. Legal History

Summary

A massive foreign aid program to Western Europe of $17 billion over four years, beginning in 1948. Named after Secretary of State George Marshall, the program restored economic prosperity to the region and stabilized its system of democracy and capitalism.