Stresemann: Dawes Plan + Young Plan

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Stresemann: Dawes Plan + Young Plan

Causes

  • Stresemann negotiated Dawes Plan with the USA (800 MILLIONS GOLD MARKS LOANS FROM U.S)
  • Young Plan

Effects

  • Reorganised reparations, brought foreign investment, more co-operation with other countries.
  • Helped pay reparations, GREATLY helped German industry: new roads, railways + homes were built -> unemployment fell (MORE JOBS)
  • Set timescale + reduced reparations (timescale made reparations more manageable)
  • France agreed to leave Rhineland 5 YEARS early

Overall summary

1) By 1928 German industry was back to pre-war levels! 2) By 1930 Germany was one of the leading exporters of manufactured goods! 3)Germany's importance was again accepted by world powers + MORE IMPORTANTLY, government was more popular!

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