The Dawes PlanThe Dawes Plan was a negotiation between the U.s. and Germany, to have Germany be softened by the burdens of war reparation. it had good effects such as bringing in more foreign investments and loans to the Germany market, also stabilizing the currency, and increasing of employment, since the U.S. introduced more businesses from their country. However the bad effects of the Dawes plan were that, soon germanys economy depended greatly on foreign markets and economies. As a result, when the U.S. went through the great depression, it severely affected germanys economy, and the rest of the western world.
It coordinated Germanys annual payments with its ability to pay, also granted an initial $200 million loan for Germany recovery
Native Americans in the United States
The Dawes Plan helped lower the payments on war debt
The Dawes Plan was an attempt to reschedule reparation payments being made by Germany to the two major Allies of World War I. No reduction of the amount owed by Germany was made in the Dawes Plan. American bankers loaned money to Germany and Germany made payments to Britain and France. Britain and France used some of that money to pay debts to American creditors. As a result, the European economy became stagnant and the American economy also began to suffer. Money that was supposed to go into the nation's economy simply went in circles to pay off debts owed as a result of the war.
The Dawes PlanThe Dawes Plan was a negotiation between the U.s. and Germany, to have Germany be softened by the burdens of war reparation. it had good effects such as bringing in more foreign investments and loans to the Germany market, also stabilizing the currency, and increasing of employment, since the U.S. introduced more businesses from their country. However the bad effects of the Dawes plan were that, soon germanys economy depended greatly on foreign markets and economies. As a result, when the U.S. went through the great depression, it severely affected germanys economy, and the rest of the western world.
It coordinated Germanys annual payments with its ability to pay, also granted an initial $200 million loan for Germany recovery
Native Americans in the United States
dawes plan .
The Dawes Plan was proposed by the Triple Entente after WWI to collect reparations from Germany. The committee was headed by Charles Dawes. The attempt was unsuccessful and replaced later by the Young Plan.
The Dawes Plan helped lower the payments on war debt
5 years plan
The Dawes Plan was intended to settle international debts from World War I. The Dawes Plan of 1924 was formulated to take Weimar Germanyout of hyperinflation and to return Weimar's economy to some form of stability.
The Dawes Plan was an attempt to reschedule reparation payments being made by Germany to the two major Allies of World War I. No reduction of the amount owed by Germany was made in the Dawes Plan. American bankers loaned money to Germany and Germany made payments to Britain and France. Britain and France used some of that money to pay debts to American creditors. As a result, the European economy became stagnant and the American economy also began to suffer. Money that was supposed to go into the nation's economy simply went in circles to pay off debts owed as a result of the war.
This is an opinion question. Personally, I think the Dawes Plan was a very good idea. By bailing Germany out of its hyperinflation, the US gained a German market for American goods to get America's economy back in full gear.
they not like it
NEP is New Economic Policy. This was Vladimir Lenin's plan to introduce some aspects of capitalism back into the socialist economy in order to improve the economy.