Germany rebuilt its economy rapidly after World War I due to specific factors
the verdict
INSUFFICIENT LEANING
refutedsupported
the weight of evidence
2 sources for · 0 against
Available historical sources touch upon interwar German economic conversion and US intervention via the Dawes Plan, but do not comprehensively substantiate a rapid and specific rebuilding process after World War I.
The foreign economic policy of the United States in the aftermath of World War I was not isolationist, but selectively interventionist. With a group of very able American businessmen-diplomats in the lead, the nation pressured the French to accept the Dawes Plan, which, it was hoped, would solve the reparations problem, encourage healthy economic recovery and growth (which would embrace large sales of American capital goods to Germany), and ensure peaceful contentment in two nations that were more bitter enemies than ever. But, Professor Costigliola shows, a plan to rebuild Germany that was half private business and half foreign policy, and that was manipulated to both ends, could not succeed in the marketplace, where it had to live or die.
German Commerce and Industry in the Interwar Years | Springer Nature Link
# German Commerce and Industry in the Interwar Years
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- pp 79–96
A Comparative History of Commerce and Industry, Volume II
## Abstract
The history of the German business system from 1920 to 1990 can conveniently be grouped into four periods. The first, from 1919 through the 1920s, was the painful period of demobilization and conversion after Germany’s defeat in World War I. Terms of the Allies’ peace treaty forced overnight redirection of the German economy from its more than 90 percent involvement in war-related production to a peacetime economy under the short-lived Weimar Republic, which was Germany’s first attempt at parliamentary democracy. The second period, which roughly corresponds to the decade of the 1930s, saw German commerce and industry undergo for the second time a complete transition from a peacetime economy to a full war footing under Adolph Hitler and the Nazis.
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