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
How to use cotton diplomacy in a sentence
BigorU [14]
If it wasn't for the Cotton Diplomacy there wouldn't have been a simple way to make France support the confederacy.
7 0
3 years ago
Suppose that you were to lead people in a boycott today. What item(s) would
Goshia [24]

Answer:

An example of an answer here would be a certain product such as alcohol. The answer to why is obvious, it causes major health problems. Steps taken could be not purchasing that alcohol, rioting, etc.

8 0
2 years ago
How are imperialism and capitalism connected
dedylja [7]
"While capitalism and imperialism have been closely linked in the minds of many, the truth is that the two systems are at odds with one another. Where one system flourishes, the other cannot. Many negative things, such as political corruption, the exploitation of the poor, and mass famines, have been blamed on capitalism, but that blame is misplaced. Real capitalism should work to improve circumstances for the poor by voluntary exchange, but imperialism hurts the poor by political or military domination that enables countries or government-backed businesses to profit at others’ expense."-Learn liberty
8 0
4 years ago
The Vedas is a religious text for which religion?
KATRIN_1 [288]

Answer:

The Vedas. These are the most ancient religious texts which define truth for Hindus. They got their present form between 1200-200 BCE and were introduced to India by the Aryans. Hindus believe that the texts were received by scholars direct from God and passed on to the next generations by word of mouth.

Explanation:

6 0
3 years ago
Read 2 more answers
REPORT ME PLEASE WILL MARK BRAINLIEST !!!!<br> + FR33 POINTS
Mekhanik [1.2K]

Answer:

I just reported you

Explanation:

fnfncjskcicd

8 0
3 years ago
Read 2 more answers
Other questions:
  • The phrase "separation of church and state" was coined by which of the founding fathers? a. Alexander Hamilton b. Benjamin Frank
    9·2 answers
  • What was part of the aztec civilization?
    5·1 answer
  • What does Busbeq’s first meeting with Suleiman reveal about the sultan’s attitudes toward Euroepans?
    11·1 answer
  • Why were southerners more threatened by challenges to the institution of slavery than northerners?
    10·1 answer
  • Which would be considered a secondary source about the assassination of Abraham Lincoln?
    7·2 answers
  • Was the Declaration of Independence intended to be a formal declaration of war? Why or why not? A) Yes. Though fighting preceded
    11·1 answer
  • Why did the United States support many Dictatorships in Latin American Countries, despite them being unjust and cruel leaders?
    13·2 answers
  • Are the rocky mountains located in the west or east?
    14·2 answers
  • He did all his house work ....supper time.<br>1. in<br>2 until<br>3.by<br>4.for​
    5·1 answer
  • What is attributed with pulling nations like the US, Japan and Germany out of the
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!