Young Plan 1929

HideShow resource information
  • Created by: Gem_22
  • Created on: 29-05-15 12:30
View mindmap
  • Young Plan 1929
    • An attempt by former allies to support the government of Weimar Germany.
    • The Dawes Plan had worked, but reparation payments were still an issue.
    • Young Plan reduced reparations to 112 billion gold marks.
    • Final plan was a generous attempt to support Germany through financial pain.
    • Money was to be paid over 59 years, equivalent to $473 million paid each year.
    • Meant Germany had protection to 'get out' of paying full price.
    • When USA finally ready to start the Young Plan, Wall Street Crash occurred and meant that USA withdrew all of its money.


No comments have yet been made

Similar History resources:

See all History resources »See all Germany 1918-1945 resources »