Germany Topic 2: Recovery of Weimar Flashcards
What was the Dawes plan and when did it come into effect
The Dawes plan allowed USA to give loans to Germany to help us economic recovery.
It came into effect in September 1924
What loans did the US give to Germany
The Dawes plan gave a loan of 800 million marks
Over the next years US companies gave loans of nearly 3000 million To Germany
What is the name of the new currency introduced by Stresemann
Rentenmark
What was the young plan
The young plan reduced reparation payments from £6600 million to £1850 million.
Why was the young plan unpopular to Hitler
The young plan Gave the US more control over the German economy and if the loans were to be withdrawn Germany would be in a terrible situation
What was the Locarno pact
It was an agreement in 1925 between Belgium France and Germany to keep existing borders
What was the league of Nations
An international organisation designed to maintain peace
When did Germany join the league of Nations and what was its affect
Germany joined in 1926 and allowed Stresemann to bring About the young plan
What was the Kellogg Briand pact
Agreement in 1928 that allowed Germany and 64 nations to keep armies for self defence
What were the political developments in the golden age
There was political stability and there was less support for extremist groups such as the Nazis who won 12 seats in the May 1928 election
What was the period of golden age
1924 to 1929
How much did real wages increase during the golden age
10%
Why did the middle class not benefit
Many were bankrupted by hyperinflation causing 184,000 middle-class workers to seek employment
How many new homes are created Between 1924 and 1931
2 million
What changes did women experience
Employment of women increased out of the home by 6.1%
Women experience more social freedom and could go outside unaccompanied
Women were entitled to have a career
