The Dawes Plan, 1924
Notes:
- early 20's Germany was struggling
- USA lends money to Germany to help build economy
- Germany uses increased tax revenue to pay off France reparations
- France pays back war loans to the USA, and imports US goods to help rebuild France
Summary: The Dawes Plan in 1924, was when the US lend money to Germany when they were struggling, to help build their economy. They essentially got their money back when Germany repaid France, and France paid back the US for war loans.
Subjective question: What would happen if the US did not get their money back?
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