The term "European Recovery" refers to the period following World War II when European nations worked to rebuild their economies and infrastructure. This effort was significantly supported by the Marshall Plan, a U.S. initiative that provided financial aid to help restore European economies, promote stability, and prevent the spread of communism. The recovery process involved various strategies, including industrial modernization, investment in public works, and fostering international trade. By the late 1950s, many European countries had achieved substantial economic growth, leading to the establishment of the European Economic Community (EEC) in 1957, which aimed to enhance economic cooperation among member states.