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Klio2033 [76]
3 years ago
11

How did the dawes plan affect the economy of postwar germany?

History
1 answer:
Rina8888 [55]3 years ago
8 0
Dawes also arranged the Dawes Plan with Stresemann, which gave Germany longer to pay reparations. Most importantly, Dawes agreed to America lending Germany800 million<span> gold marks, which kick-started the German economy.</span>The Dawes Plan:  

<span>The Dawes Plan (as proposed by the Dawes Committee, chaired by Charles G. Dawes) was an attempt in 1924 to solve the World War I reparations problem that Germany had to pay, which had bedevilled international politics following World War I and the Treaty of Versailles.

It </span><span>provided short-term economic benefits to the German economy and softened the burdens of war reparations. By stabilizing the currency, it brought increased foreign investments and loans to the German market.

</span>
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