The Young Plan

Description

History-Germany (5. Stresemann Era) Flashcards on The Young Plan, created by Emily Tisch on 03/12/2013.
Emily Tisch
Flashcards by Emily Tisch, updated more than 1 year ago
Emily Tisch
Created by Emily Tisch about 11 years ago
107
0

Resource summary

Question Answer
What was the Young plan? Agreement to reduce reperation payments, to make them more payable.
When and who organised the planned the young plan? In 1929 Owen Young (an american banker) was asked to find a new plan for payments.
How did the sum change? Reduced by 3/4, £6660mililion to £1850million
How long did Germany now have to pay back reperations? 59 years.
On average how much did Germany have to pay annually now? 2.05 billion marks
Did everyone support the Young Plan? No, right-wing politicians thought that there should be no further payment of reperations and disagreed with extending it to 1988.
Who were these politicians who opposed? Alfred Hugenburg and Adolf Hitler
Show full summary Hide full summary

Similar

Locarno Treaties
Emily Tisch
The Kellog-Briand Pact
Emily Tisch
Gustav Stresemann
Emily Tisch
USA stock market collapse
Emily Tisch
Dawes Plan
Emily Tisch
The League of Nations
Emily Tisch
Political Stability
Emily Tisch
Treaty of Versaille
Emily Tisch
The increasing militarism of Germany, Italy and Japan
RashaKay
Kapp Putsch
Emily Tisch
Causes of the Hyperinflation
Emily Tisch