Studied by 3 people
OCR History A Level Democracy and Dictatorships in Germany
The Dawes Plan
1924
Overall amount of reparations
132,000 million marks (£6.6 billion)
When was the amount of reparations confirmed
1921
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
Conditions of the Dawes Plan
Allies maintained control of the:
Railways
Reichsbank
Custom duties
What loan was Germany given
800 million (to help stabilise the currency)
Impact
Helped economic recovery and led to reparations being paid as scheduled
Weaknesses
Germany was reliant on the USA
Germany had to pay back interest
Fulfilment- right wing discontent
Amount unchanged
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
Note
Flashcard