D: What was 'Dawes plan?
a: a plan which imposed more fines on Germany
b: a plan which withdrew all punishment from Germany
c: a plan which reworked the terms reparation to ease financial
burden on the Germans
d: none of the above
Answers
Answered by
11
Answer:
c
is answer
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Answered by
10
Answer:
c: a plan which reworked the terms reparation to ease financial ✅✅
Explanation:
Charles Dawes was the US budget director. In 1923, he was sent to Europe to sort out Germany's economy. Under his advice, the German Reichsbank was reformed and the old money was called in and burned. This ended the hyperinflation. Dawes also arranged the Dawes Plan with Stresemann, which gave Germany longer to pay reparations. Most importantly, Dawes agreed to America lending Germany 800 million gold marks, which kick-started the German economy.
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