The Dawes Plan provided short term economic benefits to the German economy. It softened the burdens of war reparations, stabilized the currency, and brought increased foreign investments and loans to the German market. However, it made the German economy dependent on foreign markets and economies, and therefore problems with the U.S. economy (e.g. the Great Depression) would later severely hurt Germany as it did the rest of the western world, which was subject to debt repayments for loans of American dollars.
<span>After World War I, this cycle of money from U.S. loans to Germany, which then made reparations to other European nations, which then used the money to pay off their debts to America, locked the western world's economy on that of the U.S. </span>
<span>Charles G. Dawes was the co-recipient of the Nobel Peace Prize in 1925, in recognition of his work on the Dawes Plan. </span>
Third parties have had a major influence on U.S. policy and political debate despite their minor presence in Congress — currently only one U.S. senator and one member of the House of Representatives is an independent.
In the late 1800s and early 1900s, the Socialists popularized the women’s suffrage movement. They advocated for child labor laws in 1904 and, along with the Populist Party, introduced the notion of a 40-hour work week, which led to the Fair Labor Standards Act of 1938.
Carmichael was known as an Honorary Prime Minister to the Black Panther Party, a revolutionary self defense group. They fought back with violence, which opposed they views of King. They simply did not agree because King valued a nonviolent approach while Carmichael believed violence should be incited in defense
