The
Dawes Plan (1924) from the American Charles Dawes and represented with USA, UK,
Italy, Belgium and France was to let Weimar Germany pay the damages it caused
on World War I via Treaty of Versailles. The problem with the plan was that it
was short-termed. On 1923, troops from Belgium stayed at Germany’s most
industrial area, the Ruhr. The following year, the country fell into deep
financial crisis. By 1924, the country was in dire financial straits and the
plan to make the German economy stable was out of the plan.
