1924-29 - the recovery

Question 1

what was the grand coalition?

Answer 1

• this was a coalition of moderate, pro-democracy parties in the reichstag
• it meant that the govt finally had the power and majority to pass laws
• it isolated extremist parties

Question 2

what did the grand coalition do after it was formed in 1923?

Answer 2

• they called of the strike, persuaded the French to leave the Ruhr and changed the currency to the Rentenmark which helped solve hyperinflation
• this helped bring stability to the Weimar Republic

Question 3

how else did the coalition end hyperinflation and kickstart the economy?

Answer 3

• the agreed the dawes plan in 1924
• this rescheduled the payments of reparations to give them longer to pay back
• also, America agreed to loan Germany 800 million gold marks which kickstarted Germanys economy
• although germany were reliant on these loans

Question 4

what was Stresemann’s foreign policy?

Answer 4

Erfullungspolitik - complying with the ToV to gain better relations with France and Britain

Question 5

what were the two main events of Erfullungspolitik?

Answer 5

• Locarno Pact (1925)

- joining the League of Nations (1926)

Question 6

what was the Locarno Pact?

Answer 6

1. Accepting Germany’s western borders made in the ToV

- it improved relations between Germany and the western powers.

Question 7

what was the joining of the League of Nations

Answer 7

-the League of Nations was the Precursor to the UN, and due to Stresemann’s policy of Erfullungspolitik, Germany’s relations with the west became good enough for them to be allowed to join the LoN, intergrating them with the west, and removing Germany’s ‘pariah’ international status

Question 8

what was the Kellog-Briand pact

Answer 8

in 1928, Germany was one of 62 countries to sign up to this agreement, which committed the countries to settling disputes between them peacefully

Question 9

what was the Young Plan

Answer 9

• in 1929, stresemann agreed a further compromise of reparations.
• it agreed for the reparation payments to be cut from £6.6bn to £2bn

Question 10

what policy was made in 1927?

Answer 10

a generous unemployment insurance scheme covering introduced from 1927 (proving later to be an issue with the wall st crash)

Question 11

what were the signs of recovery taking place?

Answer 11

• by 1928, industrial production levels were higher than those of 1913
• between 1925 and 1929, exports rose 40% (showing increased relations)
• hourly wages rose every year from 1924-29