Charles Dawes
Definition
Charles Dawes was an American banker and politician who served as Vice President under Calvin Coolidge (1925–29). He also co-authored the Dawes Plan for managing Germany's reparations payments after World War I.
Analogy
Think of Charles Dawes like your school principal who steps in to solve a big conflict between students. He creates a plan that everyone agrees on to make sure things run smoothly again.
Related terms
Calvin Coolidge: The 30th president of United States from 1923-1929 known for his small-government conservative views.
Reparations: These are payments made by defeated countries after a war to compensate another country for damage suffered during the war.
Treaty of Versailles: The peace treaty signed by Germany and Allied Powers after World War I which held Germany responsible for starting the war.
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