The Young Plan

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History-Germany (5. Stresemann Era) Flashcards on The Young Plan, created by Emily Tisch on 03/12/2013.
Emily Tisch
Flashcards by Emily Tisch, updated more than 1 year ago
Emily Tisch
Created by Emily Tisch over 10 years ago
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Question Answer
What was the Young plan? Agreement to reduce reperation payments, to make them more payable.
When and who organised the planned the young plan? In 1929 Owen Young (an american banker) was asked to find a new plan for payments.
How did the sum change? Reduced by 3/4, £6660mililion to £1850million
How long did Germany now have to pay back reperations? 59 years.
On average how much did Germany have to pay annually now? 2.05 billion marks
Did everyone support the Young Plan? No, right-wing politicians thought that there should be no further payment of reperations and disagreed with extending it to 1988.
Who were these politicians who opposed? Alfred Hugenburg and Adolf Hitler
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