Recovery of Germany, 1924-29

Question 1

when did Stresesmann become Chancellor

Answer 1

In 1923 and led the “Great Coalition”

Question 2

Stresesmann’s policies ; Dawes Plan, 1924

Answer 2

Dawes Plan, 1924
Stresemann helped negotiate the Dawes Plan, which helped Germany pay their reparations.
In 1924, Banks in the US loaned 800 million Reichsmarks to German industries.
Reparation instalments were temporarily made £50 million a year.

Question 3

Stresesmann’s policies ; Young Plan, 1929

Answer 3

Young Plan, 1929
The Young Plan proposed to reduce German reparations.
In 1929, the Young Plan planned to lower the total reparations from £6.6 billion to £2 billion.
The payments would continue until 1988.
The Wall St Crash abruptly stopped the Young Plan in 1929.

Question 4

Stresesmann’s policies ; Locarno Pact, 1925

Answer 4

Locarno Pact, 1925
In 1925, Germany signed an agreement with GB, France, Italy and Belgium called the Locarno Pact.
In this pact, Germany recognised their borders with France and the demilitarisation of the Rhineland.

Question 5

Stresesmann’s policies ; League of Nations, 1926

Answer 5

League of Nations, 1926
In 1926, Germany was invited to join the League of Nations.
The League of Nations was an international peacekeeping body.

Question 6

Stresesmann’s policies ; Kellogg-Briand Pact, 1928

Answer 6

Kellogg-Briand Pact, 1928
In 1928, Germany signed the Kellogg-Briand Pact with 62 other countries.
In this pact, countries agreed to disarm and not use war to resolve disagreements.

Question 7

Stresesmann’s policies ; Restoring confidence in Germany’s economy

Answer 7

• Stopped passive resistance

- Created Rentenmark -> Reichsmark