Question | Answer |
1)What was the name of the plan Stresemann agreed with the United States in 1924? | The Dawes Plan
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| | 2)What did the United States promise to give Germany to help it recover under the Dawes Plan ? | Loans
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| | 3)How much did the U.S. loan to Germany under the Dawes Plan between 1924-1930? | 800 million marks or $3,000 million.
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| | 4)How did the U.S. loans help Germany to recover? | They could be used to pay off reparations and used to improve German industries such as factories.
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| | 5)What was the name of the new agreement Stresemann made with the U.S. in 1929? | The Young Plan
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| | 6)Describe the key parts of the Young Plan | It reduced reparations from £6,600 to £1850.
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| | 7)How much did the Young Plan reduce Germany’s reparations payments by? | Three quarters.
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| | 8)How long would it have taken Germany to finish paying off the reparations? In what year would they finally have paid them off? | 59 years, they would have finished paying them in 1988. |