The Dawes Plan 1924
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OCR History A Level Democracy and Dictatorships in Germany
Last updated 3:28 PM on 1/9/23
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9 Terms
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The Dawes Plan
1924
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Overall amount of reparations
132,000 million marks (£6.6 billion)
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When was the amount of reparations confirmed
1921
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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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Conditions of the Dawes Plan
Allies maintained control of the:
* Railways
* Reichsbank
* Custom duties
* Railways
* Reichsbank
* Custom duties
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What loan was Germany given
800 million (to help stabilise the currency)
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Impact
Helped economic recovery and led to reparations being paid as scheduled
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Weaknesses
* Germany was reliant on the USA
* Germany had to pay back interest
* Fulfilment- right wing discontent
* Amount unchanged
* Germany had to pay back interest
* Fulfilment- right wing discontent
* Amount unchanged
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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
* 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
