Which temporary solution was adopted in 1924 to address the economic problems caused by Germany’s inability to make reparations?
Dawes Plan
Young Plan
Marshall Plan
Versailles Plan
the last one?
what is it then
the correct answer is 'Dawes Plan'! I just took the test :)
The last option, Versailles Plan, is not the correct answer. The temporary solution adopted in 1924 to address Germany's economic problems caused by its inability to make reparations is known as the Dawes Plan.
To find the answer, you can approach it by understanding the context of the economic problems faced by Germany after World War I. Germany was burdened with heavy war reparations as outlined in the Treaty of Versailles, which had imposed substantial financial obligations on Germany. Germany struggled to make these reparation payments, which led to social and economic instability.
To address this issue, an international financial committee headed by an American banker named Charles Dawes was formed. This committee proposed a plan in 1924, known as the Dawes Plan, to restructure Germany's reparation payments and provide loans to support its economic recovery.
Therefore, the correct answer is the Dawes Plan, not the Versailles Plan.