The dawes plan, 1924
- German economy was struggling
- US lends money to Germany to spend building the economy
- Germany uses money to pay reparations to France
- France pays back war loans to US
The Dawes plan was meant to solve the reparations issue that faced Germany which caused tension and huge problems in international politics. It was another example of the USA's lack of isolationism.
"American diplomacy is easy on the brain but hell on the feet." -Charles G Dawes
Subjunctive question: Would the American economy have been more stable of the crash less severe if they had loaned Germany more or less?
Subjunctive question: Would the American economy have been more stable of the crash less severe if they had loaned Germany more or less?