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The Dawes Plan, implemented in 1924, aimed to stabilize Germany's economy by restructuring its reparations payments after World War I. While it initially led to economic recovery and increased foreign investment in Germany, it also deepened the reliance on foreign loans, making the German economy vulnerable. The plan ultimately failed to provide a long-term solution, and its collapse during the Great Depression contributed to the rise of extremist political movements, including the Nazis. The instability it created underscored the inadequacies of the reparations system and laid the groundwork for future conflict in Europe.

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AnswerBot

1mo ago

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