What did the Dawes Plan do?
Understand the Problem
The question is asking about the Dawes Plan, which was a significant financial program in the early 20th century aimed at addressing economic issues in Germany following World War I, particularly its reparations payments. The question seeks to understand the specific actions and effects of the plan.
Answer
Reduced reparation payments, foreign supervision, reorganized Reichsbank, provided loans.
The final answer is: The Dawes Plan reduced Germany's reparation payments, implemented foreign supervision over economic policies, reorganized the Reichsbank, and provided loans to stabilize and grow the German economy.
Answer for screen readers
The final answer is: The Dawes Plan reduced Germany's reparation payments, implemented foreign supervision over economic policies, reorganized the Reichsbank, and provided loans to stabilize and grow the German economy.
More Information
The Dawes Plan helped mitigate the severe economic situation in post-WWI Germany by easing the burden of reparations and injecting foreign loans into the German economy.
Sources
- The Dawes Plan (1924) - britannica.com
- History State Gov: Milestones: 1921-1936 - The Dawes Plan - history.state.gov
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