Read the excerpt from the Marshall Plan 1947 then answer the

Last updated: 1/21/2023

Read the excerpt from the Marshall Plan 1947 then answer the following question The truth of the matter is that Europe s requirements for the next 3 or 4 years of foreign food and other essential products principally from America are so much greater than her present ability to pay that she must have substantial additional help or face economic social and political deterioration of a very grave character The remedy lies in breaking the vicious circle and restoring the confidence of the European people in the economic future of their own countries and of Europe as a whole The manufacturer and the farmer throughout wide areas must be able and willing to exchange their products for currencies the continuing value of which is not open to question Aside from the demoralizing effect on the world at large and the possibilities of disturbances arising as a result of the desperation of the people concerned the consequences to the economy of the United States should be apparent to all It is logical that the United States should do whatever it is able to do to assist in the return of normal economic health in the world without which there can be no political stability and no assured peace Our policy is directed not against any country or doctrine but against hunger poverty desperation and chaos Its purpose should be the revival of working economy in the world so as to permit the emergence of political and social conditions in which free institutions can exist Such assistance I am convinced must not be on a piecemeal basis as various crises develop Any assistance that this Government may render in the future should provide a cure rather than a mere palliative Any government that is willing to assist in the task of recovery will find full cooperation I am sure on the part of the United States Government Any government which maneuvers to block the recovery of other countries cannot expect help from us Furthermore governments political parties or groups which seek to perpetuate human misery in order to profit therefrom politically or otherwise will encounter the opposition of the United States The plan Marshall proposes is intended to Allow the United States to become the world s dominant economy First and foremost to de Nazify Germany Make Marxism Leninism look bad Provide a lasting cure for the economic situation