The Dawes Plan (1924)

What was the Dawes Plan?

In response to Germany's escalating economic crisis, the Allied Reparations Commission, consisting of representatives from the United States, Britain, France, Italy, and Belgium, convened to address the issue of reparations. The committee was led by Charles Dawes, who proposed a plan that would allow the German economy to recover whilst it paid a limited reparation figure.

(Left) Charles G Dawes, who served as Vice-President of the United States under President Coolidge from March 4, 1925 to March 4, 1929.

What agreements were made under the Dawes Plan?

What impact did the Dawes Plan have?

On the one hand, the Dawes Plan had a positive impact as it provided short-term successes for Germany.

On the other hand, while the Dawes Plan was beneficial in the short term, there were significant limitations in the long run.