Recovery of Germany 1924 - 29 Flashcards
When did Gustav Stresemann become chancellor?
1923
What was the new currency called created in 1924?
Rentenmark
What was the new bank set up in Germany called?
Reichsbank
Key points of The Dawes Plan 1924?
USA loaned Germany 800 million marks
Reparation payments lowered to 1,000 million marks for the first years
The French withdrew troops for Ruhr
Allies given some control of the Reichsbank and railways
The young plan 1929
USA loans
Didn’t happen due to the Wall Street crash in the USA
The Locarno pact 1925
A collection of seven treaties involving Germany, France, Belgium, Italy, Britain, Czechoslovakia and Poland.
Germany accepted new boarders
Germany accepted Alsace-Lorraine would be french
All party’s agreed Germanys Eastern boarders would be settled by peaceful means.
League of Nations 1926
Formed at end of WW1
Germany allowed to join in 1926
Positive as it allowed Germany’s international relations to improve.
The Kellogg-Brian’s Pact 1928
Pact aimed to prevent future war
Germany became part of the powerful country’s
Weimar Republic now respected
Improved international relationships