How did the dawes plan affect the economy of postwar germany?

Dawes also arranged the Dawes Plan with Stresemann, which gave Germany longer to pay reparations. Most importantly, Dawes agreed to America lending Germany800 million gold marks, which kick-started the German economy. The Dawes Plan:

The Dawes Plan (as proposed by the Dawes Committee, chaired by Charles G. Dawes) was an attempt in 1924 to solve the World War I reparations problem that Germany had to pay, which had bedevilled international politics following World War I and the Treaty of Versailles.

It provided short-term economic benefits to the German economy and softened the burdens of war reparations. By stabilizing the currency, it brought increased foreign investments and loans to the German market.