Question

In what ways did the Dawes Plan and the Young Plan help the lives of German people under Stresemann? explain your answer (8).

Answer 1

Answer:

These plans succeeded in reducing the amount of damages that Germany was to pay under the Versailles treaty. This helped the German people economically.

Explanation:

With the defeat in the first world war, Germany contracted a huge debt, as it was forced to pay very high indemnities to the countries that won the war. This would generate a huge economic deficit, since Germany, due to war spending, was already economically fragile. However, the Dawes plan and the Young plan managed to reduce the value of the indemnities, which, still high, became easier to be paid, which generated an attempt to improve the economy of the German people.