What major change did the Young Plan introduce in 1929 regarding Germany's reparations?

The Young Plan, introduced in 1929, significantly reduced the reparations Germany was obligated to pay after World War I. This plan reduced the total reparations from £6.6 billion to £2 billion, presenting a more manageable financial burden for Germany in the aftermath of the war and the economic difficulties it was facing during the 1920s. The reduction aimed to stabilize the German economy, improve international relations, and foster cooperation between Germany and the Allies.

In contrast to other options, the Young Plan did not increase the amount owed, create immediate payment demands, or eliminate reparations entirely. The plan was designed to alleviate the economic strain on Germany and provide a more scheduled framework for repayment, but it left a significant financial commitment still in place.