4) The Extent Of Recovery During The Stresemann Era (1924 - 1929) Flashcards
Who was Gustav Stressmann?
Chancellor from 1923 to 1924
Foreign Minister from 1924 to 1929
Awarded the Nobel Peace Prize in 1926
What was the new currency that he created? What effect did this have on the German economy?
Rentenmark
It solved hyperinflation but people never got their savings back
What was the Dawes Plan?
It was an agreement between between Gustav and the French, British, and American leaders that allowed Germany to pay what they could afford over a longer period of time.
What was the Young Plan?
It was another agreement made in 1929 that would reduce reparations from £6.6 billion to £1.8 billion
What was the Lacarno Pact?
A Treaty between Germany, Britain, France, Belgium and Italy which made them promise not to invade each other.
It was signed in 1925
What was the Kellogg-Briand Pact?
A Pact between Germany and 64 other countries that meant they would not go to war unless in self-defence
It was signed in 1928
What was the League of Nations?
It was an international peace keeping organisation that Germany was finally allowed to join 1926
What was the period of 1924 - 1929 known as in Germany? Why was this?
Golden Age/Years of Weimar
Germany was doing well and people supported the Weimar government again