HISTORY
THE WORLD BETWEEN THE WARS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Dawes Plan
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Locarno Plan
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Treaty of Versailles
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Young Plan
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Detailed explanation-1: -The Dawes Plan (as proposed by the Dawes Committee, chaired by Charles G. Dawes) was a plan in 1924 that successfully resolved the issue of World War I reparations that Germany had to pay. It ended a crisis in European diplomacy following World War I and the Treaty of Versailles.
Detailed explanation-2: -CREATED UNDER THE PROVISIONS OF ANNEX II TO THE LONDON AGREEMENT’ OF AUGUST 9, 1924, BETWEEN THE REPARATION COMMISSION AND THE. GERMAN GOVERNMENT.
Detailed explanation-3: -This pushed the country into a state of hyperinflation. So, the United States of America intervened and introduced the Dawes Plan-to reorganise the Reichsbank and rework the terms of reparation. Q.
Detailed explanation-4: -On the initiative of the British and U.S. governments, a committee of experts (with two members each from France, Belgium, Italy, Britain, and the United States), presided over by an American financier, Charles G. Dawes, produced a report on the question of German reparations for presumed liability for World War I.
Detailed explanation-5: -The United States loaned money to Germany through the Dawes Plan. This loan, along with private investment, enabled the defeated countries to make scaled-down reparations payments.