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WEIMAR GERMANY > booklet 3 > Flashcards

booklet 3 Flashcards

1
Q

How much debt was germany in due to the TOV

A

144,000 million marks

Under growth (TIGER)

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2
Q

How much did germany have to pay back due to TOV

A

6.6 billion with annual installments of 100 million

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3
Q

What territories did Germany lose due to TOV?

A

Saar and alsace lorraine which was rich in materials

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4
Q

Post war umemployment how much

A

6 million soldiers left army during 1919
1.1 million without jobs
7% of workforce dropped

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5
Q

how much did coal production fall by post ww1

A

15%

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6
Q

How much did umemployment drop by in 1919

A

50%

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7
Q

What was the global economic slump

A

Value of wages half than in 1913
unable to return to pre war levels of international trade it relied on

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8
Q

What did germany do about negotiations

A

Restarted negotiations with the aim of gaining payment ‘holidays’
Implied economy wasnt strong enough
Major banks lost faith

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9
Q

How many troops did france and belgium send to the ruhr

A

6000

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10
Q

Whats passive resistance

A

German workers went on strike in the ruhr refusing to produce coal

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11
Q

Workers lost what percent of spending power due to hyperinflation

A

30%

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12
Q

What communicable disease spread due to hyperinflation

A

tuberculosis

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13
Q

What was the poltical effects of hyperinflation

A

Lack of trust in german gov
3 chancellors and 4 cabients in 1923

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14
Q

who benefitted from hyperinflation

A

Landowners and middle class householders paid of their mortages
Industrialists enjoyed cheap credit
Enterpreners used loans to extend their holidays and repaid loans when income increased

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15
Q

Passive resistance what was the solution and effect

A

Policy of fufillment- german miners returned to work and provided for the french
Germany made reperation payments
1924 agreement that occupation would end in 1925

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16
Q

What was policy of fufillment

A

fulfill the terms of the Treaty of Versailles in order to improve Germany’s international standing

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17
Q

Who created the Reichmark

A

Stressman

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18
Q

Effects of the reichmark

A

Gov mortaged industrial and agricultural land to value of 3.2 billion R
Value remained stable, payments restarted

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19
Q

How did stressman deal with problem of gov spending money

A

Reduced pay of civil servants by more than 50%

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20
Q

What does turmoil mea

A

State of great disterbance

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21
Q

What was the dawes plan

A

G received loan of 800 million marks provided by US
If reperations distrupted economic stability, USA had to give G a payment holiday
Annual repayment reduced by 1929
Repayments allowed over longer period of time

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22
Q

Why did gov spend money on public work schemes

A

German GDP returned to its 1913 level and tax revenues increased

23
Q

Positives of wages and employment (living standards)

A

8hr working day
Earnings increased by 30% in 1932 than in 1924
Increase in retailing and service jobs

24
Q

Negatives of wages and employment (living standards)

A

Farmers suffered fall in income 1926 onwards
Unemployment remained around 1 million for most of the 20s, peaking at 2 million in 1926
Wages dropped severly during depression years

25
Positives of housing (living standards)
2.8 million new homes built 1919-1932 over 80% provided through state funding Gov spending on housing 20x higher in 1925 than 1913
26
Negatives of housing (living standards)
Shortages, 1 million more homes needed in 1923
27
Positives of health and welfaire (living standards)
until 1929, life expectancy and infant mortality improved Welfare spending 60% higher in 1929 than 1913
28
Negatives of health and welfare (living standards)
Mlanutrition, infectious diaseases spreading, mass unemployment at end of weimar because of welfare cuts and erosion of union power
29
Positives of class and gender (living standards)
Emerging middle classes paid of their debts, woman in workforce expanded
30
Negatives of class and gender (living standards)
Women and ethnic miniroties suffered (low wages, likely to be fired) Women paid less Mittlestand lost status and savings Income of established middle class dropped by 60%
31
Golden years how much did workers pay increase by
37.5%
32
Whats the young plan
Supercede dawes plan Extend period of reps to 1988 Reduce total to 1850million
33
Young plan reduced reps to how much
37 mil marks
34
how many workers were covered by social insurance (golden yrs)
17 million
35
How much was received through US loans
800 million
36
How many unemployed in 1929 (GOLDEN YRS)
5.6 million
37
how many workers lost jobs (golden yrs)
750,000
38
How much coalfields were lost
16%
39
how much loans receieved and how much paid back
16 million and 7 million back
40
How many marks in circulation (golden yrs)
17,000,000
41
Between 1929-1932 how much did exports fall by
55%
42
the collapse due to GD in 1931 meant how many businesses went bankrupt
50,000
43
Widespread poverty and homelessness meant what
Dependance on charities and soup kitchens
44
What was the Lausaunne conference
Abolished reperations
45
What was brunings economic priority
End rep payments and persuade FR AND GB to drop reperation demands
46
What was Hoover Moratorium June 1931
Suspended payments G now had money to spend
47
What was brunings policy of diplomacys short term effects
Allow the crisis to deepen to he could ensure not just suspension but the cancellation Bruning imposed budget cuts and passed a decree lowering wages to 1927 levels
48
What success did bruning have with his econmic policies
Initiated public work schemes focusing on road and canal construction
49
What success did von papen have with ecnomic policies
Increased budget from RM167 million to RM302 million. Tax cuts
50
Von schliecher and his ecnomic successes
direct intervention RM500 million emergency fund to employ people Land imporvment schemes
51
Between 1929 and 1932 german wages fell by...
14%
52
By 1932 german exports declined by...
50%
53
1929 exports were how much higher than 1913
34%
54
1926 the lowest tax band is made up of how many taxpayers
62%

WEIMAR GERMANY (1 decks)

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