What agreement was established to end the dispute over German Reparations in the 1920s? 🔊
The agreement established to end the dispute over German reparations in the 1920s was the Dawes Plan, named after American banker Charles G. Dawes. Initiated in 1924, this plan aimed to address the economic instability in Germany following World War I and the burdensome reparations imposed by the Treaty of Versailles. The Dawes Plan reorganized Germany's payment schedule, provided loans from the United States to help stabilize the economy, and established a system for monitoring and ensuring payments. This plan successfully alleviated some economic pressures on Germany and improved relations between Germany and other Allied nations.


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