Economic Cooperation Administration (ECA)

The Economic Cooperation Administration (ECA) was established in 1948 as part of the U.S. response to post-World War II Europe’s economic struggles. Its primary purpose was to manage the Marshall Plan, which provided financial aid to help rebuild European economies. The ECA facilitated the distribution of funds, goods, and technical assistance, aiming to restore stability and promote recovery in war-torn nations. By fostering economic cooperation and growth, the ECA played a key role in preventing the spread of communism by stabilizing these countries and integrating them into a democratic and capitalist framework.