Which plan allowed Germany to continue paying war debts?

The Dawes Plan was significant because it established a new system for reparations that Germany owed after World War I. Introduced in 1924, it provided for a more manageable payment schedule, which was based on Germany's economic performance. This plan aimed to stabilize the German economy and facilitate international relations by easing the burden of war reparations that were initially set at extremely high levels in the Treaty of Versailles. By arranging loans from the United States to help Germany pay these debts, the Dawes Plan not only allowed Germany to continue making payments but also promoted economic recovery in Europe during a time of financial instability.

In contrast, the Marshall Plan was focused on the economic recovery of Europe after World War II, the Young Plan revised the Dawes Plan to further reduce reparations, and the New Deal was a series of domestic programs in the United States aimed at recovery from the Great Depression.