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>
There are several characteristics that are common to totalitarian regimes, including: Rule by a single party. Total control of the military. Total control over means of communication (such as newspapers, propaganda, etc…)
Answer:
Wilson moves away from a position of neutrality in the war.
Explanation:
Lyndon B. Johnson/Died
January 22, 1973
Date of birth: August 27, 1908
