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jan 1, 1924 - Dawes Plan

Description:

- A plan proposed by United States to resolve theissue of World War I reparations that Germany had to pay
- The Dawes Plan established a cycle of repayments flowing from US to Germany and from Germany to Allies
- After Great Depression, bank loans stopped and prosperity ended

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ByRichard Wang
3 May 2023
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Date:

jan 1, 1924
Now
~ 101 years ago
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