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Russia lost territory to Finland, Latvia, Estonia, Poland, and Lithuania.
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Austria lost territory to Czechoslovakia, Yugoslavia, Poland, Hungary, and Italy.
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Hungary lost territory to Czechoslovakia, Romania, and Yugoslavia.
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Germany was unable to make the reparation payments. The Ruhr was Germany's industrial region. Here, the French and Belgians took coal in place of the money owed.
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The Dawes Plan was named after Charles G. Dawes. He became Vice President of the U.S. in 1925. It helped Germany by making the schedule of payments easier. It was unsuccessful and replaced in 1929.
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The Young Plan was named after Owen D. Young. The total reparations owed by Germany were reduced by 75 percent and were to be paid in 59 annual installments. With this plan, it was predicted that Germany would be making payments until 1988. The first payment was made in 1930. Hitler cancelled the payments in 1933.
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Despite this being a direct violation of the Treaty of Versailles, neither France nor Britain took any action against Germany.
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Despite this being a direct violation of the Treaty of Versailles, no one took any action against Germany.
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