War reparations
- Germany was forced to pay - Had to pay FRance and lesser extent U.K
- Can't pay the 55 billion dollars
- The number changes
- Amended in 1929
The Young Plan was a program for settlement of German reparation debts after World War I, written in 1929 and actually used in 1930
Under the Young Plan, Germany received full responsibility for its financial operations and the payment of reparations.
Under the Young Plan, Germany received full responsibility for its financial operations and the payment of reparations.
The flow of money post World War
Summary: War reparations were set on Germany for a way for Germany to pay back the damage they caused. Along with having to claim that they themselves caused the war, and the humility that came along with that, Germany had to pay 55 billion dollars to the allied partners in the war. They spent many years in debt trying to pay back these reparations and now, 92 years later, Germany has finally payed back their enormous debt.