Spending reduction and tax reduction
Answer:
10 years, from 1966 to 1976.
Explanation:
<span>This would involve Islam, their influence on </span>Northern Europe<span> involved the creation of Mathematics, which spread to Spain and Italy, sooner or later, Geometry and Algebra were created. Just one of the few North-</span>Western impacts<span> on </span>Western<span> civilization :) show full answer. Looking for something else?</span>
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>
