1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Daniel [21]
3 years ago
15

What steps were taken worldwide to help germany recover economically ​

History
1 answer:
IRINA_888 [86]3 years ago
6 0

Answer:

The Dawes Plan/ Young Plan helped Germany to start to rebuild after WW1.

Explanation:

Dawes: The Dawes Plan (as proposed by the Dawes Committee, chaired by Charles G. Dawes) was a plan in 1924 that successfully resolved the issue of World War I reparations that Germany had to pay. It ended a crisis in European diplomacy following World War I and the Treaty of Versailles.

The plan provided for an end to the Allied occupation, and a staggered payment plan for Germany's payment of war reparations. Because the Plan resolved a serious international crisis, Dawes shared the Nobel Peace Prize in 1925 for his work.

It was an interim measure and proved unworkable. The Young Plan was adopted in 1929 to replace it. (from wiki article on Dawes Plan)

Young Plan:The Young Plan was a program for settling Germany's World War I reparations written in August 1929 and formally adopted in 1930. It was presented by the committee headed (1929–30) by American industrialist Owen D. Young, creator and ex-first chairman of the Radio Corporation of America (RCA), who, at the time, concurrently served on the board of trustees of the Rockefeller Foundation, and also had been one of the representatives involved in a previous war-reparations restructuring arrangement—the Dawes Plan of 1924. The Inter-Allied Reparations Commission established the German reparation sum at a theoretical total of 132 billion, but a practical total of 50 billion gold marks. After the Dawes Plan was put into operation in 1924, it became apparent that Germany would not willingly[citation needed] meet the annual payments over an indefinite period of time.[citation needed] The Young Plan reduced further payments by about 20 percent. Although the theoretical total was 112 billion Gold Marks, equivalent to US ca. $27 billion in 1929 (US$ 119 billion in 2020) over a period of 58 years,[1] which would end in 1988, few expected the plan to last for much more than a decade.[2] In addition, the Young Plan divided the annual payment, set at two billion Gold Marks, US $473 million, into two components: one unconditional part, equal to one third of the sum, and a postponable part, equal to the remaining two-thirds, which would incur interest and be financed by a consortium of American investment banks coordinated by J.P. Morgan & Co. (wiki article on young plan)

You might be interested in
What did south carolina secede from the union​
Strike441 [17]

Answer:

ok

Explanation:

7 0
3 years ago
Read 2 more answers
Charlie has brain cancer. His kidneys are shutting down, and his metabolism has slowed. His breathing consists of loud rasps fol
kykrilka [37]
Most likely a physical therapist. Every other answer seems odd.
5 0
3 years ago
Read 2 more answers
What were the key social hierarchies in Renaissance Europe?
astra-53 [7]

Answer:

Race Class Gender

Explanation:

3 0
3 years ago
Hard-line defenders of slavery who convened a Southern rights convention in Nashville to devise
KatRina [158]

Answer: fire-eaters

Explanation: The fire-eaters had been hard-line defenders of slavery, who, in June 1850, convened a Southern rights conference in Nashville, Tennessee, "to plot and undertake a few-mode of resistance to Northern aggression."

8 0
3 years ago
Read 2 more answers
Contrast the way that information about Native Americans is organized in “Native American Homes” with the way that information a
Taya2010 [7]

yo no se yo no se yo no se yo no se

8 0
3 years ago
Other questions:
  • 2. A ___ was someone who opposed tyranny. Whig Democrat Nationalist Federalist Republican
    5·1 answer
  • Which of these provisions was included in the Treaty of Versailles (1919)? European disarmamentself-determination of all peopleT
    10·2 answers
  • How did john withdrop change the government of Massachusetts
    15·1 answer
  • Alexander the great during his childhood was considered an unacceptable heir by the greeks because:
    8·1 answer
  • Which of the following was the most significant contribution made by John Adams in the us constitution
    5·2 answers
  • Lincoln's Gettysburg Address summarized
    13·1 answer
  • Which purpose of the Trail of Tears have?
    9·2 answers
  • Citizen-soldiers who boasted they could be ready at a moment's notice
    9·2 answers
  • Which statement best describes Alexander the Great?A.He led Greece to victory in the Greco-Persian Wars.B.He was elected as the
    7·2 answers
  • PLEASE HELP GUYS I REALLY NEED IT
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!