Golden Years Flashcards
When was the passive resistance ended?
August 1923
Why did Stresemann end it?
Wanted to kick start production
When did the rentenmark replace the mark?
October 1923
What the result of abolishing the mark?
Prices began to fall again
When was the Dawes Plan signed?
1924
How much did the USA loan them?
$800mil
What did the Dawes Plan also give them?
Longer to pay the reparations
How much did they loan between 1924-1930?
$25bil
When was the Locarno Treaty signed?
1925
Who signed the Locarno Treaty?
GB, France, Italy, Germany and Belgium
What did the Locarno Treaty promise?
Not to fight over territory
France would not invade again- secured their borders
When did Germany become part of the League of Nations?
1926
What did joining the League of Nations make Germany?
A world power again
When was the Kellogg Briand Pact signed?
1928
What did the Kellogg Briand Pact agree and between how many countries?
No future wars between 65 countries
When was the Young Plan signed?
1929
What did the Young Plan reduce?
Reparations
By how much was reparations reduced by?
60%
From 132mil to 27mil
How much did they have to pay for the next 59 years?
2bil
What did Stresemann arrange?
“Great Coalition”
What fell due to the coalition?
Extremism
What did Stresemann overcome?
Effects of proportional representation
What did this allow him to do?
Have enough members to pass laws
In 1928 how many seats did the Nazi’s win?
12
How much did wages rise by?
25%
How many new homes were built?
3mil
When did Stresemann win a Noble Peace Prize?
1926
Reasons why it wasn’t the golden years
Opposition to Dawes and Young Plan
Too dependant on loans
Industry started to slow after 1927
