The Dawes Plan 1924

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OCR History A Level Democracy and Dictatorships in Germany

9 Terms

1

The Dawes Plan

1924

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2

Overall amount of reparations

132,000 million marks (£6.6 billion)

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3

When was the amount of reparations confirmed

1921

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4

Schedule

Over 5 years annual payments would rise from 1,000 million marks to 2,500 million then at varying levels according to economic performance

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5

Conditions of the Dawes Plan

Allies maintained control of the:

  • Railways

  • Reichsbank

  • Custom duties

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6

What loan was Germany given

800 million (to help stabilise the currency)

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7

Impact

Helped economic recovery and led to reparations being paid as scheduled

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8

Weaknesses

  • Germany was reliant on the USA

  • Germany had to pay back interest

  • Fulfilment- right wing discontent

  • Amount unchanged

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9

Strengths

  • Boosts German, French, American and British economies

  • France leave the Ruhr

  • German economic problems received international recognition

  • Germany are able to fulfil treaty; which prevents them being invaded and promotes positive international relations

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