World War II
The Dawes Plan was an economic plan formulated in 1924 to help Germany recover from hyperinflation and manage its reparations payments following World War I. The plan aimed to stabilize the German economy by restructuring the payment schedule and providing loans from the United States, which helped foster a brief period of economic recovery in the Weimar Republic. This plan not only eased Germany's financial burdens but also aimed to promote stability in Europe, which was crucial during the interwar period.
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