HISTORY UNIT 2 - RECOVERY OF WEIMAR Flashcards
Name the three ways Stresemann recovered from hyperinflation:
Dawes Plan
Rentenmark
Young Plan
What date was the Dawes Plan signed ?
August 1924
What three things did the Dawes Plan ensure ?
- Ruhr evacuated - 1925
- USA gives 3M in loans over the next 6 years.
- Reparation payments reduced
when was the Rentenmark introduced ?
Nov 1923
What was the Rentenmark backed by ?
Property Values
What replaced the Rentenmark, what year ?
Reichsmark, 1924
What was the Reichsmark backed by ?
Gold Reserves
When was the Young Plan agreed?
1929
What did the Young Plan decide ?
- Reparations reduced from £1.85B to £6.6B
- Germany given 59 years to pay
In what three ways did Stresemann improve foreign relations ?
- Lorcano Pact
- League of Nations
- Kellog-Briand Pact
When was the Lorcano Pact signed ?
1925
Who signed the Lorcano Pact ?
DE, GB, FR, IT, BE
What did the Lorcano Pact agree ?
Respect Border
What was the significance of the Lorcano Pact ?
Marked Germany’s return to the international scene
When did Germany join the League of nations ?
1926