European History

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German Prosperity Returns

In the late 1920s, prosperity returned to Germany, primarily as a result of U.S. efforts through the Dawes Plan of 1924 and the Young Plan of 1929. These plans provided loans to the Weimar Republic and gave the Republic a realistic plan for reparation payments, helping to restore economic stability.

This prosperity had a diminishing effect on the radical groups of the right and left. The appeal of these groups was reduced as a result of a prosperous Germany.