Dawes Plans
- USA lends money to Germany to help rebuild the Germany economy
- Germany uses increased tax to pay France reparations
- France Pays back war loans to US
- France Imports US goods to help rebuild France
Young Plan
- Owen D. Young, American Banker
- Recommendation that German reparations be reduced by 3/4
- Annual payments to be made on a scaled model
- Germans hate it (Hitler)
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Summary:
The Dawes Plan and Young plans were put in place to help countries recover from the debt and reparations owed from World War 1.