The ____ reduced Germany's reparations and made its payments based on its ability to pay.

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The Dawes Plan, created in 1924, was a plan to help Germany pay its war reparations to the Allies by adjusting the payment schedule and reducing the total amount owed. This plan was named after Charles G. Dawes, who was the American banker and diplomat that designed it. The plan allowed for loans from American banks to support German industry and infrastructure, and it also helped stabilize Germany's currency. The Dawes Plan was successful in reducing the financial burden on Germany and improving its economy in the 1920s.

The ____ Reduced Germany's Reparations and Made Its Payments Based