Mutual Security Act Law and Legal Definition
The Mutual Security Act of 1951 is a U.S federal statute. The Act is to unite military and economic programs with technical assistance. The Act is the result of the Marshall Plan. The Act provides $7 billion in foreign aid.
The Act created the Mutual Security Agency.
The Act emphasize on providing military assistance to democratic nations. Likewise, the Act authorized military, economic, and technical assistance to countries with the aim of developing their resources in the interest of their security and independence on the condition that such assistance is in the national interest of the U.S.
The Act is the successor to the Mutual Defense Assistance Act and Economic Cooperative Act.
The Act created the Mutual Security Administration as an independent agency.