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Travel & Places
How is Germany's economy doing?
Asked in Geography
What role did geography play in germanys war plans?
How did Dawe's plan affect the German economy?
The Dawes Plan The 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.