Final answer:
The Dawes Plan was a 1924 financial plan aiming to facilitate Germany's World War I reparations payments, boosting the German economy short-term but increasing dependence on foreign loans. This economic instability contributed to the rise of Hitler and the Nazi Party as they exploited the situation to gain political power.
Step-by-step explanation:
The Dawes Plan was an attempt in 1924 to solve the World War I reparations problem that Germany faced. It was formulated to ease the financial strain and to stabilize the German economy by scheduling more realistic payment plans for Germany's reparations. As a result, it provided short-term economic benefits to the German economy but also increased Germany's dependence on foreign loans, particularly from American banks.
As for the impact on Adolf Hitler, the Dawes Plan's reliance on foreign loans and the subsequent German economic crash during the Great Depression contributed to the political instability of the Weimar Republic. This economic desperation among the German people created fertile ground for political extremes, with the Nazi Party capitalizing on the widespread discontent. This allowed Hitler to rise to power by promising economic stability and a break from the dependence and perceived humiliations imposed by international agreements like the Dawes Plan and the Treaty of Versailles.