Golden Years Flashcards

1
Q

Reasons why it was Golden Years

A
Stable government 
Stresemann popular
Little support for extremist parties
Rentenmark stabilised currency
US loans encouraged industry 
Increased employment 
Nearly 3 million new homes built
New roads and railways
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2
Q

Evidence against Golden Years

A
Problems with constitution still exist
Opposition to Dawes and Young Plans
Germany too dependent on loans
Unemployment still a problem 
Growth in industry began to slow after 1927
Farming suffered- fall in food prices
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3
Q

How did Stresemann tackle the French in the Ruhr?

A

Called off passive resistance

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4
Q

How did Stresemann solve hyperinflation?

A

Changed currency to Rentenmark

Temporarily then changed it to Reichsmark within a year

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5
Q

What were the terms of the Locarno treaty 1925?

A

To guarantee the borders with France, Belgium and Italy (essentially accepting the terms of TOV)

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6
Q

When did Germany join the League of Nations?

A

1926

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7
Q

When was the Dawes Plan introduced?

A

1924

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8
Q

What were the terms of the Dawes Plan?

A

Reparations reduced

Loan of 800 million marks

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9
Q

When was the Young Plan introduced?

A

1929

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10
Q

What were the terms of the Young Plan?

A

Extended time to pay back reparations to 59 years

Payments reduced to 2,000 million marks a year

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11
Q

Why did some Germans oppose the Dawes and Young Plans?

A

Over reliance on US loans
Gave allies too much influence in Germany
Reparation repayment too long (grandchildren pay for WW1)

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