Recovery Of The Weimar Republic Flashcards
What leader helped the Germany economy to recover
Gustav stresseman through his domestic and international policies
When did he end the strike of the Ruhr and what did this do
In September 1923
This reduces tension and stopped compensation payments which were the result Of hyperinflation
How did stresseman sort of hyperinflation
He he introduced a new currency called the retenmark and this established the currency
What was the great coalition
A group of moderate pro democracy socialist parties who agreed to work together which stresseman made
Why was there a new international cooperation with Germany
Stresseman became foreign minister in 1923
He wanted to build up international relationships and prosper Germany’s economy
What international agreements were made with Germany
Dawes plan Young plan Locarno pact League of Nations Kellogg Briand pact
What’s and when was the Dawes plan
In 1924
It secured France and belgiums withdrawl from the Ruhr
Agreed a realistic payment for reparations
USA lent Germany £40 million to help pay off other debts
What and when was the young plan
In 1929- allies agreed to reduce reparations to 1/4 of original payment
They were also give 59 years to pay
What and when was the Locarno pact
1925
Germany France and Belgium all agreed to respect their joint borders
What was the league and nations and when was Germany allowed to join
Countries that settled unrest for peace and not war
Germany were allowed to join in 1926 and was re-established as an international power
What and when was the Kellogg Briand pact
In 1928
It was signed by 65 other countries and promised not to use violence to settle disputes
What was the structure of the Dawes plan
USA could afford to loan out money to other counties
So USA lent Germany money to pay off debts
Germany could then pay for reparations
Uk and France used this money to pay off their own debts to USA
Why was the USA greatly depended on and what did this mean when the Wall Street crash happenend
Germany depended on the USAs money and the plans which were agreed only worked if the USA has money
So after the walk street crash all plans fell apart and Germany were once again in economic depression