European Recovery Program

European Recovery Program

noun
a plan for aiding the European nations in economic recovery after World War II, proposed by U.S. Secretary of State George C. Marshall in 1947 and implemented in 1948 under the Economic Cooperation Administration. Abbreviation: ERP, E.R.P.
Also called Marshall Plan.
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WordNet
european recovery program

noun
a United States program of economic aid for the reconstruction of Europe (1948-1952); named after George Marshall [syn: Marshall Plan
WordNet® 3.0, © 2006 by Princeton University.
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