The Dawes Plan Was Designed to

question 17

Multiple Choice

The Dawes Plan was designed to

• A) help the French obtain reparations payments from the Germans.
• B) help Germany obtain a moratorium on reparations payments.
• C) help rebuild eastern European cities that had been heavily damaged by the war.
• D) help the Eastern European states develop democratic governments.
• E) facilitate a large loan from the United States to the government of Germany.

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Definitions:

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for an asset since it was put into use.

Salvage Value

The estimated value that an asset will realize upon its sale at the end of its useful life.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, representing wear and tear or obsolescence.

Units-of-Production

A method of depreciation that allocates expenses based on the number of units a fixed asset produces, linking the expense directly to the asset's usage.