1. What were the Golden Years? Flashcards

1
Q

Who was the chancellor during the Golden Years?

A

Gustav Stresemann

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2
Q

What did Gustav Stresemann stabilise when he came into power?

A

The German economy

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3
Q

Where did Gustav Stresemann get the French to leave in April 1924?

A

The Ruhr

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4
Q

What Pact allowed Germany to return to the world stage after setbacks from the ToV?

A

The Locarno Pact of 1925

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5
Q

Who did Gustav Stresemann cooperate with to stabilise the German economy?

A

USA and UK

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6
Q

What party did Gustav Stresemann represent?

A

DVP

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7
Q

Beliefs of DVP

A

Conservative and authoritarian

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8
Q

What did Gustav Stresemann strongly believe in?

A

Cooperation between other countries and between political parties of Germany

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9
Q

How many days was Gustav Stresemann the chancellor of Weimar Germany? During what period?

A

103 days during the grand coalition

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10
Q

After being chancellor, what did Gustav Stresemann become?

A

The Foreign Minister

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11
Q

What is the foreign minister responsible for?

A

International cooperation

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12
Q

What did Gustav Stresemann control by November 1923?

A

Inflation

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13
Q

Gustav Stresemann’s economic strategies (3)

A

End of passive resistance
Change currency
Cut government expenditure

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14
Q

What was called off in September 1923?

A

The passive resistance against the occupation of the Ruhr

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15
Q

Passive resistance

A

Non-violent opposition to authority, especially a refusal to cooperate with legal requirements

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16
Q

What did the ending of passive resistance against the occupation of Ruhr lead to?

A

The Munich Putsch

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17
Q

Example of a welfare reform which helped Gustav Stresemann to cut government expenditure

A

Government no longer had to pay wages of workers who were on strike

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18
Q

Result of Gustav Stresemann calling off the 1923 Ruhr strike

A

Meant he had to start paying reparations again

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19
Q

What did the Dawes Plan allow Germany to do?

A

Take longer to make payments

20
Q

What did the Young Plan do?

A

Reduced Germany’s ToV payments

21
Q

When was the Dawes Plan introduced?

22
Q

When was the Young Plan introduced?

23
Q

Parities involved in the 1923 Grand Coalition

A

Moderately pro-democracy parities:
-SPD
-Centre Party
-DVP

24
Q

What was passed in August 1923 which gave the Great Coalition powers?

A

Emergency Decree

25
What powers did the Grand Coalition receive by receiving emergency decree?
Powers of postponing Reichstag meetings and governing by force if necessary
26
What process did emergency decrees avoid?
The slow process of decision making in the Reichstag
27
Political aims of the Grand Coalition
Stabilise political and economic life
28
How did the Grand Coalition go about stabilising political and economic life? (Three ways)
Stabilising currency Bringing inflation under control Seeing off threats from right and left
29
Economic problems Stresemann had to solve (6)
Worthless currency Germany’s international isolation Small businesses collapsing Heavy tariffs on goods Small farmers heavily in debt High government spending
30
How did Stresemann go about solving the problem of a worthless currency?
He changed the currency Kept tight control over amount of money circulating
31
What did Stresemann change the currency to?
Reichmark
32
Evidence of Stresemann’s success at policy of solving worthless currency
Inflation quickly brought under control Prices settled
33
Evidence of failure of Stresemann’s policy to solve worthless currency
People who had lost savings due to hyperinflation weren’t compensated so they blamed Weimar Government for this
34
What did Stresemann do to solve Germany’s international isolation?
Stresemann asked Allies’ Reparations Committee to set up committee of financial experts to help manage Germany’s repayments. Resulted in Dawes and Young Plan
35
Evidence of success of Stresemann’s policy to solve Germany’s international isolation (2)
Allies granted loans to Germany French gradually left Ruhr
36
Evidence of failure of Stresemann’s policy to solve Germany’s international isolation
Made German economy fragile to changes in US economy Unemployment remained high
37
What policy did Stresemann introduce to solve the problem of small businesses collapsing?
Recovery of business policy which encouraged businesses to join together to try and control the market
38
Evidence of success of Stresemann’s policy to improved problem of small businesses collapsing
German exports rise Germany’s industry rebooted
39
Evidence of failure of Stresemann’s policy to improved problem of small businesses collapsing
Significant levels of dispute between business owners and workers
40
What did Stresemann do to improve problem of heavy tariffs placed on German goods?
Advances made in chemical, car and aeroplane industries Foreign loans helped to finance building of houses, schools, and public spaces
41
Evidence of success of Stresemann’s policies to help improve problem of heavy tariffs placed on German goods
German exports went back to 1913 levels German exports rose by 40% between 1925-29 Living standards and wages rose
42
What did Stresemann do to improve the problem of small farmers often being heavily in debt?
Made it easier for farmers to borrow money
43
Who was able to benefit from Stresemann’s improvements to small farmers often being heavily in debt?
Large landowners as they could afford heavy machinery for efficient production
44
Evidence of failure of Stresmann’s improvements to small farmers often being heavily in debt
Late 1920s income of farmers 44% below average income “Farmer’s revenge” where farmers rioted as debts continued
45
What did Stresemann do to solve problem of high government spending?
Raised taxes and cut spending
46
German peoples’ reaction to raised taxes
Germans didn’t accept tax raises meaning government had to borrow more money to make up for short-fall