Stresemann 1924-1929 Flashcards
Give the strengths of the Weimar economy during this period (5)
- industry grew due to large companies buying over smaller businesses (cartels)
- Overall by 1929, Germany was producing 33% more than in 1914 and German exports rose by 40%
- Banks invested heavily in Weimar
- wages increased and social benefits e.g sickness benefits, pensions were introduced
- by 1929 Stresemann had negotiated the Young Plan which reduced the total figure of reparations
- Heavy industry revived to almost pre-war levels of production. By 1927, steel production was up to 86% of these levels
- In 1927, an Unemployment Insurance Act made employers partly responsible for unemployment welfare, having to pay half the contributions
Give the weaknesses of the Weimar economy (5)
- unemployment remained at just over a million people and increased towards the end of 1920s due to pre-WW1 baby boom
- agriculture output never really prospered
- Germany was stuck but as strong due to losing large amounts of mining and iron production due to TOV
- other countries protected their market by placing high tariffs on imported goods
- As savers lost so much during 1923 the Weimar Government could not use their money for investments, so became more dependent on foreign loans
What was the Treaty of Rapallo?
An agreement signed 16th April 1922 between the German Republic and USSR, in which both countries agreed to renounce all territorial and financial claims against the other and to cooperate in mutual goodwill in meeting the economic needs of both countries
How did the Treaty of Rapallo benefit Germany ?
This benefits Germany because it means that Germany doesn’t have to consider the economic strain of financial claims from the USSR in addition to the reparations set by TOV in summer 1921
What was the Treaty of Berlin? (2)
- A Treaty signed on 24th April 1926, under which Germany and the USSR pledged neutrality in the event of an attack on the other country by a third party for the next five years.
- This also reaffirmed the Treaty of Rapallo, 1922
How did the Treaty of Berlin benefit Germany ?
This benefitted Germany politically by improving relations with USSR but also economically in 1936, since the Treaty included that neither contracting Party should engage in an economic boycott of the other if conflict should arise with a third Power that involved one of the signatories
For how long was Stresemann elected as Foreign Minister
1923-1929
When did Ebert die ?
28th February 1925
When did Germany join the League of Nations?
1926
For how long was Stresemann elected as Foreign Minister
1923-1929
When did Ebert die ?
28th February 1925
When did Germany join the League of Nations?
1926
For how long was Stresemann elected as Foreign Minister
1923-1929
When did Ebert die ?
28th February 1925
When did Germany join the League of Nations?
1926
For how long was Stresemann elected as Foreign Minister
1923-1929
When did Ebert die ?
28th February 1925
When did Germany join the League of Nations?
1926