The Dawes Plan 1924 Flashcards

1
Q

Strengths

A

-Stresemann negotiated with Charles G. Dawes, an American banker who loaned Germany $25 billion between 1924 and 1930. Also temporarily reduced reparations to £50 million per year
-Caused the French to leave the Ruhr
-Industrial output doubled between 1923 and 1928
-Employment, trade and income from taxation increased

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2
Q

Weaknesses

A

-Extremists were angry that Germany had agreed to pay reparations again
-Country was depending on American loand

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