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Q.

Which country helped Germany in its industrial recovery?


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a

UK

b

USA

c

Russia

d

China 

answer is B.

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Detailed Solution

The USA helped Germany in its industrial recovery.
German investments and industrial recovery were dependent on the short-term loans provided by the USA. Germany was under greater economic pressure in the year of 1924. They were unable to pay for the reparation of the Versailles Treaty. Germany attained stability as a result of the help from the Americans to get out of the crisis. The Americans introduced the Dawes Plan to reduce the financial burden on Germany. However, In 1929, the wall street exchange crashed. And as a result, the USA had to withdraw the support.
 
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