(2) The Recovery of Weimar Flashcards
What was the Dawes Plan?
. Germany couldn’t afford the reparation payments.
. The Dawes Plan was made to make the payments much
easier.
. Gustav Stresemann was responsible for this.
When was the Dawes Plan agreed?
. August 1924
What were the main points of the Dawes Plan?
. Reparation payments would begin at 1 billion marks for
the first year and would increase over a period of four
years to 2.5 billion marks. These were much more
sensible.
. The Ruhr area was to be evacuated. This happened in
1925.
. The USA would give loans to Germany to help its
recovery.
What was the Rentenmark?
. To restore confidence in German people, Gustav made a temporary currency.
. It gradually reduced hyperinflation.
What was the Young Plan?
. Although Germany could pay the reparations, many
argued it was too much to pay.
. In 1929, Owen Young came up with a new plan for
payments.
. The length of time Germany had to pay was extended to
59 years.
Describe the reactions to the young plan
. An achievement for Stresemann and the Weimar
Government.
. It was criticised by right-wing politicians such as Adolf
Hitler who objected further payments.
What was the vicious circle of payments?
. The USA lent money to Germany.
. Germany lent money to France and Britain.
. France and Britain lent money the USA to repay war
loans.
How did the constitution strengthen Germany?
. The economy was starting to recover due to successes
abroad.
. Public works provided new opera houses and apartment
blocks.
. Unemployment fell from 9 million to 6 million over several
years.
. Better relations between employers and workers - fewer
strikes.
. Germany was beginning to be accepted by other
countries.
How did the constitution weaken Germany?
. Germany was over-dependent on loans from the USA.
. Farmers experienced agricultural problems with the
depression.
. The lower classes’ wage wasn’t much above the cost of
living.
. Lower class citizens didn’t fully recover from the 1923
hyperinflation.
When was the Locarno Pact signed?
1925
What was the Locarno Pact?
. The countries agreed to keep existing borders between
Germany, Belgium and France.
. Began a period of co-operation between Germany,
France and Britain.
Which countries signed the Locarno Pact?
. Britain, France, Belgium, Italy and Germany.
When did Germany become a part of the League of Nations?
September 1926
Why was joining the League of Nations important to Stresemann?
. Germany had to be in the League of Nations for the
Locarno Pact to come into operation.
. It confirmed Germany’s return to Great Power.
. Stresemann used Germany’s position in the League of
Nations to bring about the Young Plan.
When was the Kellogg-Briand Pact signed?
1928