The Economic Measures Under the Dawes Plan to Stabilize Germany’s Economy
The Dawes Plan, introduced in 1924, was a significant economic initiative aimed at stabilizing the German economy following the economic turmoil caused by World War I and the Treaty of Versailles. The plan, formulated by an international committee led by American banker Charles G. Dawes, sought to restructure Germany’s reparations payments, ease economic hardships, and…