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kicyunya [14]
2 years ago
12

To Pay reparations after World War I Germany

History
1 answer:
Setler79 [48]2 years ago
7 0

Answer:

The Treaty of Versailles and the 1921 London Schedule of Payments required Germany to pay 132 billion gold marks in reparations to cover civilian damage caused during the war.

Explanation:

In 1924, the Dawes Plan reduced Germany's war debt and forced it to adopt a new currency. Reparations continued to be paid through a strange round robin: The U.S. lent Germany money to pay reparations, and the countries that collected reparations payment used that money to pay off United States debts.

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