the young plan
-Owen D. Young American banker
-Recommendation that German reparations should be reduced by 3/4
-Annual payments to be made on a scaled model
-Germans hate it (Hitler)
-Recommendation that German reparations should be reduced by 3/4
-Annual payments to be made on a scaled model
-Germans hate it (Hitler)
summary
The Young Plan was formulated in 1929. The Young Plan was an attempt by former wartime allies to support the government of Weimar Germany. In 1924, the Dawes Plan had been introduced to bring Weimar out and to stabilize its economy. The final plan was a generous attempt to support German through her financial pain. The Young Plan further reduced reparations. Another aspect of the Young Plan designed to support Germany was the actual requirement of repayment per year.