subject
History, 02.09.2021 06:10 mykamorrow

After World War I, Germany defaulted (failed to make payment) on its reparations payments to Britain and France. To avoid another war, American Charles G. Dawes was sent to Europe to negotiate a
solution, resulting in what came to be known as the Dawes Plan. Under the provisions of this plan,
American investors loaned Germany $2.5 billion, which Germany used to pay its reparations to Britain
and France. Those 2 countries then used that money to pay debts to the US. In effect, the US arranged to
be repaid with its own money! This "solution" caused resentment all around. Why?

ansver
Answers: 2

Another question on History

question
History, 22.06.2019 00:00
What was new about the writing system developed by the phoenicians, and why was this important to the growth of knowledge and spread of ideas?
Answers: 2
question
History, 22.06.2019 10:00
Which war in history claimed the most lives
Answers: 2
question
History, 22.06.2019 12:00
Why has social media and citizen journalism become such powerful forces in global politics?
Answers: 1
question
History, 22.06.2019 15:30
Why doesn't andrew jackson support sam houston task
Answers: 2
You know the right answer?
After World War I, Germany defaulted (failed to make payment) on its reparations payments to Brita...
Questions
question
English, 09.03.2021 17:20
question
Mathematics, 09.03.2021 17:20
question
English, 09.03.2021 17:20
question
Chemistry, 09.03.2021 17:20
Questions on the website: 13722367