This Day in History: April 3rd
  • Subjects: History
  • |
  • Submitted by: Encyclopedia
  • Marshall Plan
  • Truman
  • World War II
Video Introduction

On April 3, 1948, President Harry S. Truman signed the Economic Assistance Act, the Marshall Plan. In that plan, the United States contributed $13.3 billion in various forms of aid to Europe. The Marshall Plan aided both agricultural and industrial productivity in Europe, and helped rejuvenate ailing industries like chemicals, engineering and steel. It was also a stimulant to the U.S. economy by establishing markets for American goods. The implementation of the Marshall Plan has been cited as the beginning of the Cold War between the United States, its European allies and the Soviet Union.

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This Day in History: April 3rd. Encyclopedia. Available online: (accessed on 25 May 2024).
This Day in History: April 3rd. Encyclopedia. Available at: Accessed May 25, 2024.
"This Day in History: April 3rd" Encyclopedia, (accessed May 25, 2024).
Encyclopedia. (2024, April 11). This Day in History: April 3rd. In Encyclopedia.
"This Day in History: April 3rd." Encyclopedia. Web. 11 April, 2024.
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