Foreign and Economic Policy 1924-29 (Stresemann) Flashcards
What was Gustav Stresemann’s broad aim?
Restore power and prosperity, and pursue a pragmatic policy of co-operation with the west
How did Stresemann attempt to reorganise the reparations?
Through the 1924 Dawes Act and 1929 Young Plan
What did the Dawes plan do?
Sum of 132,000 million marks, from 226,000 million marks previously, was confirmed
What did the Young plan do?
Total sum to be paid was reduced to 37,000 million marks, however allied troops were withdrawn in 1930 as a result
So because of Stresemann what happened, in terms of reparations?
Germany had only paid 1/8th of original sum
What did the Locarno Pact do and when was it released?
It was released in 1925 in October, it was a series of treaties signed between Germany, Britain, France, Belgium and Italy. Stresemann accepted Germany’s western borders and all countries renounced the use of force and invasion, except in self-defence
When did Germany join League of Nations and what did this allow?
Germany had joined in September 1926 and Germany was given great veto power, allowing Germany to use it’s position to raise matters of German interest
How was the Locarno pact said to have had a long term impact?
Because following the pact, the French allies had left Zone 1 around Cologne by December 1925
How was the Young Plan said to have had a long term impact?
Allies agreed to end their occupation early
Give an example as to why some people argue Stresemann was only somewhat effective in changing government?
Because although the Kellog Briand Pact was signed in August 1928, it had no practical effect
Why were ECONOMIC policies GOOD 1924-29?
Prospects for economic growth made Germany a magnet for foreign investment until 1929
Why were ECONOMIC policies BAD 1924-29?
Agricultural prices were falling and effects of hyperinflation were long lasting. Pressure groups were set up demanding the revaluation of old loans
Why was Germany being dependant on the US economy extremely superficial and looked promising but was marred by weakness?
Because Depression in 1929 in America had a direct impact on Germany too
Why were POLITICAL policies GOOD 1924-29?
People began to vote for moderate parties in the Reichstag
Why were POLITICAL policies BAD 1924-29?
Between 1924-1929, there were 6 Weimar Governments - each being short lived coalitions
