how did the US help Germany to overcome in 1923 financial crisis
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When in 1923, German economy began to collapse under the weight of war compensation it had to pay; the US concluded a peace treaty with Germany. ... This reduced the problems of war compensations but made the German economy a reliant on overseas markets.
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Hello buddy..
1)German economy began to collapse under the weight of war compensation it had to pay; the US concluded a peace treaty with Germany.
2)This peace Treaty seemed helpful to Germany and gave it Financial support.
3)American investment banks advanced money to Germany. This reduced the problems of war compensations..
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