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>
Is this a random Nazi official? Going to go on a limb and say Argentina because apparently a few escaped to their.
Answer:
See explanation
Explanation:
While the US secretary of state at the Federal level is primarily a diplomat to other nations analogous to the foreign minister in other countries, the Secretary of State at the state level is the state's chief elections officer, chief corporations officer, and supervisor of the State Archives.
According to Washington's secretary of state official website, the office was established with the adoption of the Washington State Constitution in 1889. It is an elected position. Election for the position of secretary of state holds every four years.