The Marshall Plan used grants, loans, and technical assistance to help Western Europe recover from World War II
Marshall Plan Grant Goals
Reconstruction, economic growth, business and industry, infrastructure development, and social welfare. This was done so countries wouldn't fall prey to communism.
Marshall plan- Truman's speech to congress stated that the us would support any country threatened by communism with military or economic aid, over 12mill$ was given out in the end.
The Truman doctrine, announced in March 1947
The USA promised to provide aid to any countries suffering after WWII who would take a stand against communism.
Domino Theory
A political theory suggesting that if one country falls to communism, neighboring countries will also fall unless prevented by a strong power.
Dollar Imperialism
A policy where the US maintained influence over other countries through economic power and the value of the US dollar as a global currency.
Containment
A foreign policy strategy to prevent the spread of communism by containing or limiting its expansion.