economic development

Question 1

what was the great coalition

Answer 1

a coalition made by stresemann after cunos gov fell
included left and right parties

Question 2

what was stresemanns key aim as chancellor

Answer 2

bring inflation under controll

Question 3

what did stresemann do to help lower inflation

Answer 3

• end passive resistance
• rentenmark
• balance the budget

Question 4

how many civil servants lost their jobs when balancing the budget?

Answer 4

300,000

Question 5

how many reichmarks where for 1 rentenmark

Answer 5

1 trillion

Question 6

what was the rentenmark supported by

Answer 6

it was supported by a mortgage on all industrial and agricultural land

Question 7

the number of companies that went bankrupt went from……….in…….to……..in……..

Answer 7

233 in 1923 to over 6000 in 1924

Question 8

who did the rentenmark

Answer 8

hjalmar schacht

Question 9

what did the dawes plan suggest to do

Answer 9

• amount of reparations payed each year by germans reduced until 1929
• germany should start restart reparations by paying 1000 million marks that will increased by 2500 million marks each year
• usa loan 800 million marks

Question 10

which years were good years for industry

Answer 10

1924-25 and 27

Question 11

what years did the economy shrink

Answer 11

1928 to 1929

Question 12

how many cartel arrangements were there by 1925

Answer 12

3000

Question 13

what is a cartel

Answer 13

group of companies in the same industries which combined together to fix prices and protect profits

Question 14

how amny strikes were there in 1924 compared to 1930

Answer 14

1924 - 1,973
1930 - 353