See Also: Point Four Program(encyclopedia)
Program(medicine)
Program(money)
Program (as used in expressions)(encyclopedia)
Guarantor program(finance)
12-step program(dictionary)
Unleveraged program(money)
Program trading(money)
Program trades(money)
program 1, noun(dictionary)

Point Four Program (sh)




U.S. policy of technical assistance and economic aid to less-developed countries.

Pres. Harry S. Truman proposed the plan as the fourth point of his 1949 inaugural address. It was approved by Congress and administered by a special State Department agency until it was merged with other foreign-aid programs in 1953. Technical assistance, mainly in agriculture, public health, and education, was provided through contracts with U.S. business and educational organizations. Organizations such as the Inter-American Development Bank were created to help develop the program.