Monday, December 12, 2011

What were the differences between the Dawes and Marshall plans.

The Dawes Plan and Marshall Plan were similar in that they
were both meant to try to help European countries' economies recover from the impacts of
the world wars.  However, there are some important
differences:


  • The Dawes Plan involved more Allied
    control of the Germany (the main country affected by the plan).  It would, for example,
    give the Allies the power to reorganize Germany's central bank.  The Marshall Plan did
    not try to "meddle" so much.

  • The Dawes Plan involved
    mainly the forgiveness of loans and the reduction of reparations.  In other words, the
    Dawes Plan was about not making people pay things back.  By contrast, the Marshall Plan
    was actually involved in giving money to the countries and in giving them in-kind
    donations.

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