young plan Flashcards
what was the young plan
The Young Plan reduced the total reparation debt from £6.6 billion to £2 billion.
Germany was also given another 59 years to pay back the reparations
what year was the young plan
1929
why did political extremists hate the young plan
they thought germany shouldn’t be paying the reparations at all.
nazis described increasing the time as “passing on a penalty to the unborn”
what good things for germany did it lead to happening
it allowed governments to lower taxes,
so the government could spend more money which created more jobs.
the french agreed to leave the rhineland because of the young plan. all of this increased peoples confidence in the weimar republic