The Marshall Plan, proposed by US Secretary of State George C. Marshall, was a large-scale program of US aid designed to help European economies recover from the devastation of World War II. It provided assistance through grants and loans to several European nations, aiming to restore financial stability, rebuild infrastructure, and stimulate production and price liberalization.
The Wirtschaftswunder refers to the economic miracle of West Germany's rapid reconstruction and growth post-World War II, transforming it into one of the world's leading economies.
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