<human>:  Explain the Marshall Plan and its significance.
<bot>: The Marshall Plan was an economic aid package developed by the United States and funded by Congress in 1948. The purpose of the Marshall Plan was to provide financial and economic assistance to the countries ravaged by World War II in Europe. The belief was that economic stability would help foster political stability, thus reducing the risk of a communist revolution and further conflict in Europe. The Marshall Plan provided funds for rebuilding, as well as broad-based assistance to help nations like France, Italy and West Germany get back on their feet. The assistance included investments in food, agricultural purchases, vocational education and healthcare, as well as loans and credits to build infrastructure and industry. In total, the Marshall Plan provided over $13 billion in economic aid to Europe. The aid package had a broad and lasting impact, helping to rebuild Europe, restore social and political stability, and strengthening connections between the United States and western Europe. It is seen as one of the most successful economic assistance packages in history, and is credited with helping to lay the groundwork for the formation of the EU and the eventual end of the Cold War.