Recovery of Weimar Flashcards
Who was Gustav Stresemann?
1923 Aug-Sep he becomes chancellor to recover economy.
After that remains as foreign minister.
Survives because centre moderate parties form coalition
How did Stresemann prevent hyperinflation?
Stopped passive resistance in Ruhr = more goods production
Promised to pay reparations = France left Ruhr
Introduced new currency rentenmark = tied to the value of gold
More sympathy from allies = willing to discuss plans to help Germany
Dawes Plan
Same total amount of reparations but stretched over a longer period (lowered annual payment)
USA banks loaned 3000 million dollars to Germany who would pay them back
Young Plan
Total Payments reduced by 3/4
Deadline extended to 59 years
Yearly payment
Annual payment was only 1/3 of what was normally required
Other 2/3 only paid if they could afford it
Locarno treaties
Germany, France and Belgium agreed to respect their post-treaty borders
Germany agreed with Poland and Czechoslovakia to settle any border disputes peacefully
Because Germany previously complained about territory loss
Joining the League of Nations
When it was set up Germany was excluded by TOV
After signing Locarno Treaties Germany showed it accepted TOV
Now accepted as a permanent member of the Council of League
Kellogg-Briand Pact
Signed which agreed with 15 Nations to only use army in self defence and be peaceful
Changes in living from 1924-1929
Hourly wages rose
Pensions and sickness benefits schemes introduced
Government money provided for the building of public facilities
Cultural shifts: more modern forms of art and entertainment rather than traditional forms
More modern ideals
Progress for women in politics
Could now vote
Voting turnout in the elections Jan 1919 was the same as men’s at 82 per cent.
Women started becoming politicians
Other politicians acknowledged women were now voters and promised benefits for them to increase favour
Progress for women in work
The number of women in work 1925 was 1.7 million higher than it had been in 1907
Women were increasingly taking on professional jobs
Changes in art
Dada movement, challenged traditional art from pre WW1
New objectivity, challenged expressionism to show the real world
Abstract and modern art began to increase in popularity due to lack of censorship
Bauhaus
Examples of new leisure
Cinema in the 20s and 30s boomed in popularity in Germany
Who was the new president in 1925?
Hindenburg
What did the new Presidency of Hindenburg show?
That the older generation accepted the new Republic
When was the Rentenmark introduced?
Nov 1923