Stabilising the economy

Question 1

• ______ ____, Cuno’s government collapsed and was replaced by a new coalition government under _____ _______- ‘great coalition’
• Stresemann’s priority was to bring ______ under control

Answer 1

August, 1923, Gustave, Stresemann, inflation

Question 2

•The end of _____ _______- in _____ ____, passive resistance against the _____ of the ____ was called off. This was unpopular but there was no alternative. The government had to reduce its ______ and could no longer afford to pay workers who _____ _____

Answer 2

passive, resistance, September, 1923, occupation, Ruhr, expenditure, weren’t, working

Question 3

•The _____ of a ___ ______- _____ ___ a new _____ called the _______ was introduced to replace the ______ ______. Once the old marks were cashed in, the _____ became the _____, backed by the _____ ____ _____. Inflation ceased to be a problem. All happened under the direction of _____ _____

Answer 3

issuing, new, currency, November, 1923, currency, Rentenmark, Reichsmark, Rentenmark, Reichsmark, German, gold, reserve, Hjalmar, Schacht

Question 4

•Balancing the _____- Stresemann’s government ___ ______ and ____ ____. _____ of ______ employees were cut, ___,___ ____ servants lost their jobs. ____ were raised for ______ and ______

Answer 4

budget, cut, expenditure, raised, taxes, salaries, government, 300,000, civil, taxes, individuals, companies

Question 5

Stabilising the economy-
•These changes made a considerable difference. ___ ______ ______ that were run prudent ______. ____ _____ reliant on _____ _____
•Companies that became _____ rose from ___ in ____ to ____ ____

Answer 5

well, managed, companies, prospered, weaker, companies, credit, crumbled, bankrupt, 233, 1923, 6000, 1924

Question 6

• The ____ ____ ____- Stresemann asked the ____ _____ _____ to set up a ______ to address ______ concerns.
• _____ ___ was the chairman of this committee.
• The Dawes Plan was finalised in ____ ____, the Dawes Plan conformed the original reparations payment at £. _____ but made payments more ______
• Amount paid each year to be _____ until ____- ____ _____ marks and then raised by ____ _____ marks each year for ____ years. Then it’s payments would be based on Germany’s ______ ______. Germany to receive a loan of £___ _____ marks from the ___.

Answer 6

Dawes, plan, 1924, Allies’, Reparations, Committee, committee, reparations, Charles, Dawes, April, 1924, 6.6, billion, manageable, reduced, 1929, 1000, marks, 2500, million, five, industrial, performance, 800, million, USA

Question 7

Reactions to The Dawes Plan, 1924-
•Benefits for Germany, _____ accepted Germanys problems paying ______.
•Occupation of ____ came to an end 1924-25, ____ could no longer ____ the occupation since Germany was going to start repaying ______.
•Reaction from the ____, Stresemann called it an ‘____ _____’ seeing it as a ____-____ fix not a final solution. The _____ _____ thought Germany should ____ the _____ of _____ and refuse to ___ ______

Answer 7

allies, reparations, Ruhr, France, justify, reparations, right, economic, armistice, short, term, national, opposition, defy, Treaty, Versailles, pay, reparations

Question 8

_____-
•Industrial ______ grew after ____ but didn’t reach ____ levels until ____. ____ _____ was high as Germany considered a place where there was potential for ____ ___.
•German ____ benefitted from _____ ____, _____ ____ and set up cartels. Economic ____ was being concentrated into fewer hands.
•____ made in the ____ industry, large scale production of ____ _____.
•___ and ______ industries developed, but cars too expensive for ___ ____-.
•____ helped to stimulate building of ____, ____, _____ ____, ____, ____ _____- ____, 178,930 houses were built (__,___ more than previous years), in ____ there were ___,___ more new homes. Germany experienced massive ____ ____ in the early 20th century.
•____ _____, due to ____ ____. Improvements in living conditions for many workers.

Answer 8

industry, output, 1924, 1913, 1929, foreign, investment, economic, growth, economy, structural, changes, companies, merged, power, advances, chemical, artificial, fertilisers, car, aeroplane, average, German, loans, housing, schools, municipal, buildings, road, public buildings, 1925, 70,000, 1926, 205,793, population, growth, strikes, decline, compulsory, arbitration