1 ore 24 min, 1 sett 1924 anni - Dawes plan
Descrizione:
The Dawes Plan, proposed in 1924, was a compromise to help Germany recover from the economic ruin caused by World War I reparations. It rearranged Germany's reparations payments to pay less and pay in smaller installments. The plan also provided loans from the United States to stabilize Germany's economy. Germany's economy expanded, inflation decreased, and currency value stabilized as a result.
Aggiunto al nastro di tempo:
Data:
1 ore 24 min, 1 sett 1924 anni
Adesso
~ 100 years ago