Question

What was the young plan?

a. an attempt to establish a friendship with the soviet union
b. an attempt to restructure the stock market from the top down
c. an attempt to get banks to given easy loans to businesses in the united states
d. an attempt to restructure germany's war payments and ease the nation's economic burden

Answer 1

The answer is D. an attempt to restructure Germany's war payment and ease the nations economic burden

Answer 2

d. an attempt to restructure germany's war payments and ease the nation's economic burden

Step-by-step explanation:

With the young plan Germany was committed to delivering annual amounts through a newly created International Bank of Payments, based in Basel. The payments would continue until 1988 and would be gradually increased during the first 36 years. An unconditional annuity was set, which Germany could not avoid paying, of 660 million marks and its payment was secured by means of a mortgage on the German state railways.

The plan was accepted by Germany in August 1929 and the reward was the early evacuation, before June 1930, of allied troops settled in Rhineland.

The outbreak of the economic crisis turned this plan into wet paper. The Hoover moratorium came to suppose the definitive end of the payment of repairs by Germany.