What was the primary goal of the Dawes Plan?

The primary goal of the Dawes Plan was to revive the German economy through loans. Established in 1924, this plan was formulated in the context of the economic difficulties faced by Germany in the aftermath of World War I, particularly its ability to make reparations payments as imposed by the Treaty of Versailles.

In attempting to stabilize the German economy, the Dawes Plan facilitated significant loans from the United States to Germany, which in turn were intended to be used to promote industrial recovery and stabilize the currency. The idea was that a stronger German economy would allow the country to meet its reparations obligations and thereby contribute to overall European stability by preventing a potential default that could lead to further conflict.

The other choices focus on different aspects. For instance, while the plan did have implications related to reparations, it was not framed as a punitive measure against Germany, nor was its focus on eliminating debt completely or addressing peace in the Balkans. The integration of American loans into the German economy aimed to create a cycle of recovery that would ultimately benefit France, Britain, and the wider European economy, rather than purely casting punitive measures.