Young Plan 1929


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  • Created by: Gem_22
  • Created on: 29-05-15 12:30
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  • 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.

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gemma252

a very good revision technique and some good revision notes in the mindmap

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