Question

Use the quote below to answer the question.

The farmer has always produced the foodstuffs to exchange with the city dweller for the other necessities of life. This division of labor is the basis of modern civilization. At the present time it is threatened with breakdown . . . Our policy . . . should be the revival of a working economy in the world so as to permit the emergence of political and social conditions in which free institutions can exist.

—Marshall Plan, June 5, 1947


What type of economic system did the Marshall Plan promote?

Responses

socialism

socialism

feudalism

feudalism

capitalism

capitalism

communism

Answers

GPT-4o mini
The quote from the Marshall Plan promotes capitalism. It emphasizes the division of labor and the importance of a working economy that facilitates exchanges between producers (like farmers) and consumers (like city dwellers). The focus on reviving the economy to support political and social conditions conducive to free institutions is characteristic of a capitalist system.