The Marshall Plan, officially known as the European Recovery Program, aimed to achieve economic recovery in post-war Europe after World War II. Launched in 1948, it provided substantial financial aid to help rebuild European economies, stabilize democracies, and prevent the spread of communism. The plan fostered economic cooperation and integration among European nations, restoring industrial productivity and reviving international trade. Ultimately, it contributed to long-term economic growth and the establishment of a prosperous Western Europe, solidifying alliances during the Cold War era.