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gptkbp:instance_of
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gptkb:legislation
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gptkbp:bfsLayer
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5
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gptkbp:bfsParent
|
gptkb:the_Truman_administration
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gptkbp:addressed
|
food shortages in Europe
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gptkbp:appointed_by
|
gptkb:Economic_Cooperation_Administration
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|
gptkbp:associated_with
|
gptkb:George_C._Marshall
Cold War dynamics
|
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gptkbp:capacity
|
$13 billion
|
|
gptkbp:contributed_to
|
gptkb:European_integration
formation of the Organization for European Economic Cooperation
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|
gptkbp:created
|
gptkb:the_European_Recovery_Program
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|
gptkbp:duration
|
4 years
|
|
gptkbp:effective_date
|
1948
April 3, 1948
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|
gptkbp:enacted_by
|
gptkb:election
gptkb:legislation
the Senate
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|
gptkbp:encouraged
|
private investment in Europe
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|
gptkbp:established
|
the principle of U. S. aid to foreign nations
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|
gptkbp:examines
|
historical analyses
|
|
gptkbp:facilitates
|
trade agreements between the U. S. and Europe
|
|
gptkbp:goal
|
prevent the spread of communism
|
|
gptkbp:governing_body
|
part of post-war recovery efforts
|
|
gptkbp:has_impact_on
|
European recovery
|
|
gptkbp:historical_significance
|
marked a shift in U. S. foreign policy
first major U. S. foreign aid program
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Economic Cooperation Act of 1948
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|
gptkbp:impact
|
economic recovery in Europe
|
|
gptkbp:influenced
|
subsequent U. S. foreign aid programs
|
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gptkbp:influenced_by
|
gptkb:Truman_Doctrine
gptkb:World_War_II
the Bretton Woods Conference
post-World War II conditions
|
|
gptkbp:inspired_by
|
economic instability in Europe
the need to prevent communism
|
|
gptkbp:is_aimed_at
|
gptkb:Western_Europe
economic stability
Western European countries
|
|
gptkbp:is_celebrated_in
|
its success in rebuilding Europe
|
|
gptkbp:is_challenged_by
|
political opposition
|
|
gptkbp:is_criticized_for
|
some economists
some viewed it as imperialism
|
|
gptkbp:is_documented_in
|
government reports
|
|
gptkbp:is_evaluated_by
|
Congressional committees
published in 1953
success in rebuilding economies
|
|
gptkbp:is_implemented_in
|
gptkb:U._S._State_Department
multiple phases
grants and loans
|
|
gptkbp:is_involved_in
|
over 16 countries
|
|
gptkbp:is_known_for
|
gptkb:battle
|
|
gptkbp:is_linked_to
|
the rise of the European Union
|
|
gptkbp:is_opposed_by
|
isolationists in the U. S.
|
|
gptkbp:is_part_of
|
U. S. strategy against Soviet influence
the U. S. response to the Marshall Plan
|
|
gptkbp:is_promoted_by
|
Secretary of State George Marshall
|
|
gptkbp:is_recognized_by
|
a landmark in U. S. foreign policy.
|
|
gptkbp:is_supported_by
|
business leaders
American public opinion
|
|
gptkbp:key_figures
|
gptkb:William_L._Clayton
gptkb:Robert_A._Taft
gptkb:Henry_A._Wallace
gptkb:David_E._Bell
gptkb:Henry_Nixon
gptkb:President_Barack_Obama
gptkb:Sir_Ronald_Reagan
gptkb:Bill_Clinton
gptkb:Charles_E._Wilson
gptkb:George_W._Bush
gptkb:Gerald_R._Ford
gptkb:John_F._Kennedy
gptkb:Lyndon_B._Johnson
gptkb:W._Averell_Harriman
gptkb:Donald_Trump
gptkb:George_H._W._Bush
gptkb:Joe_Biden
gptkb:Robert_Marshall
gptkb:Arthur_H._Vandenberg
gptkb:John_Foster_Dulles
gptkb:Paul_G._Hoffman
gptkb:George_F._Kennan
gptkb:Jimmy_Carter
gptkb:Eugene_A._Meyer
gptkb:Dean_Acheson
gptkb:Richard_B._Russell_Jr.
|
|
gptkbp:led_to
|
the establishment of NATO
economic integration in Europe
|
|
gptkbp:legacy
|
set precedent for future aid programs
|
|
gptkbp:provides
|
technical assistance
|
|
gptkbp:purpose
|
provide aid to Western Europe
|
|
gptkbp:receives_funding_from
|
gptkb:U._S._Treasury
$5 billion
grants and loans
approximately $13 billion
|
|
gptkbp:related_to
|
gptkb:European_Recovery_Program
|
|
gptkbp:result
|
submitted in 1952
|
|
gptkbp:resulted_in
|
increased economic cooperation
|
|
gptkbp:signed_by
|
gptkb:Harry_S._Truman
President Harry S. Truman
|
|
gptkbp:successor
|
gptkb:Foreign_Assistance_Act_of_1961
|