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To Pay reparations after World War I Germany

User Uhu
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1 Answer

24 votes
24 votes

Answer:

The Treaty of Versailles and the 1921 London Schedule of Payments required Germany to pay 132 billion gold marks in reparations to cover civilian damage caused during the war.

Step-by-step explanation:

In 1924, the Dawes Plan reduced Germany's war debt and forced it to adopt a new currency. Reparations continued to be paid through a strange round robin: The U.S. lent Germany money to pay reparations, and the countries that collected reparations payment used that money to pay off United States debts.

User Arminvanbuuren
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