America's major foreign-policy problem in the 1920s was addressed by the Dawes Plan,which

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The Dawes Plan was created as a solution to the tangle of war-debt and war-reparations payments that resulted from World War I. It aimed to restructure Germany's reparation payments and establish a new payment schedule that would enable Germany to make payments without defaulting. The plan also allowed American bankers to loan money to Germany to help it rebuild its economy, which in turn allowed Germany to make reparations payments to the Allies. The Dawes Plan helped stabilize Germany's economy and prevent further economic turmoil that could have led to political instability and possibly another world war.

America's Major Foreign-Policy Problem in the 1920s Was Addressed by the Dawes