412763
Descrição
FlashCards por Emily Tisch, atualizado more than 1 year ago
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Criado por Emily Tisch
quase 11 anos atrás
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| Questão | Responda |
| When was it agreed? | August 1924 |
| When did it go into effect? | September 1924 |
| Who was it named after? | US vice-president Charles Dawes who playd a key role in setting up the plan. |
| Reperation points: | Began at 1billion marks for the first year and over 4 years increase to 2.5billion marks |
| Ruhr points: | To be evacuated by allied occupation troops- carried out in 1925 |
| Currency points: | German Reichsbank (national bank) would be organised under Allied supervision. |
| What was the name of the new temporary currency? | Rentenmark |
| Loan points: | USA would give loans to Germany to help its economic recovery. |
| How much was lent to germany initially from the US? | 800million marks |
| Over the next 6 years, 1923-9 how much did the US loan? | $3000million dollars |
| Who in the US leant money to Germany? | US companies and banks. |
| How did the reperations help in the short term? | Enabled Germany to pay back reperation payments more easily. |
| How did the US loans help in the long term? | Enabled Germany to put money back into their country leading to economic growth. |
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