Young Plan 1929

• Who set up the Young Plan?

  Allies headed by American banker, Owen Young
• What did the Young Plan reduce total reparations debt to?

  £6.6 billion --> £2 billion
• How many years was Germany given extra to pay the reparations (until 1988)?

  59
• What did lower reparations payments allow the government to do on ordinary German people?

  Lower taxes
• What did lower taxes mean?

  More public spending power - boosted German industry and created more jobs
• When did the French agree to leave the Rhineland?

  1930
• What did Hitler criticise the Young Plan as?

  Passing on the penalty to the unborn