2.RECOVERY OF GERMANY Flashcards
When did Gustav stresemann become chancellor and how long
1923 for 3 months
When did Gustave stresseman become foreign minister
1929
Date stresseman was a chancellor
Aug 13 to Nov 23 1923
3 improvements made during Weimar
1.Hourly wages inflation
=> 1928 role by 10%
2.Pensions and sickness benefits introduced
=> unemployment insurance become compulsory in 1927
- Govt subsided buildings of local parks,school etc.
What did stresseman do
- introduced rentenmark
- calling off passive resistance of Ruhr
- Renegotiation with France and Belgium
- Limited production of new currency
- Germany to LoN
6.
When and who : Dawes plan
April 1924
Charles dawes
When and who: Young plan
1929
Owen Young
Dawes plan 1924 effects
reperation, loans and time
Reparation:
- lowered to 1 billion for 5 years
- 2.5 billion for successive years
Loans:
- borrow 800 million marks from USA
Time:
Indefinite
Young plan 1929 effects reparations, loans and times
Reparations:
Total amount less 20%
2 billion marks per year
=> 2/3 could be postponed each year
Loans:
US continue loans Germany by coordinating with JP morgan
TIme:
Payable for 59 years
League of nations 4 aim
- no monarchy driven countries
- no secret treaties between countries
- collective guarantees for securities
- Disarmment
US investment in Germany
Americas set up factory in germany
Germany economy become highly reliant to US
When was Locarno signed
1 December 1925
Locarno 4 agreements
- Germany and France settle borders
- Demilitarisation of Rhineland
-Arbitration between Germany and Poland, and Germany and Czechoslovakia.
- Negotiations regarding the entrance of Germany into the League of Nations.
When and who signed the kellog Briand pact
27 Aug 1928
by 15 countries
Briand pact agreement
-not use war to solve dispute between countries
- attempt to stop militarisation in the 1930s
