dawes plan Flashcards
1
Q
what was the dawes plan
A
the dawes plan was an agreement which meant that reparations were reduced to £50 million per year. us banks agreed to give loans to german industry to help business grow
2
Q
when did the dawes plan start
A
1924
3
Q
how did the dawes plan help germany
A
It improved the German economy to the benefit of working-class and Middle-class Germans. Germany’s production doubled between 1923 and 1928 and employment, tax income and trade increased.
