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The Dawes Plan/ The Young Plan
Dawes Plan
-US, German, French trade cycle
-US pays Germany which builds the German economy
-Germany uses profits to pay France reparations
-France uses money to pay US back war loans
-US, German, French trade cycle
-US pays Germany which builds the German economy
-Germany uses profits to pay France reparations
-France uses money to pay US back war loans
Young Plan
-Owen D. Young
-Recommendation that German Reparations should be reduced by 3/4
-Annual payments to be made on a scaled model
-Germans hate it (Hitler) - stop paying
-Owen D. Young
-Recommendation that German Reparations should be reduced by 3/4
-Annual payments to be made on a scaled model
-Germans hate it (Hitler) - stop paying
View Young Plan and over 3,000,000 other topics on Qwiki.
Summary
The dawes and Young plan were each significant towards building up the US and surrounding economy's. As a result rises were seen in the German and French economy's.
The dawes and Young plan were each significant towards building up the US and surrounding economy's. As a result rises were seen in the German and French economy's.