Question

Congress overwhelmingly passed the Economic Cooperation Act of 1948, and on April 3, 1948, President Truman signed the act that became known as the Marshall Plan. How much overall was given in Marshall Aid?

Answer 1

The Marshall Plan provided around $13 billion in aid to help rebuild Europe after World War II and prevent the spread of Communism.

Step-by-step explanation:

The Economic Cooperation Act of 1948, commonly known as the Marshall Plan, was an American initiative to provide aid for the recovery of war-torn Europe. Officially known as the European Recovery Program, the total amount given in Marshall Aid was approximately $13 billion, which in today's money amounts to around $147 billion. The funds were vital for rebuilding infrastructure, restoring industrial capacity in Western Europe, and preventing the spread of Communism by stabilizing economies and creating markets for American products.