Stresemann And Golden Age Flashcards
When and how did Stresemann end passive resistance in the Ruhr?
August 1923, co operated with the French and begun to pay back the money they were owed
When and what did stresemann do to end hyperinflation?
November 1923, Destroyed old currency and introduces the rentenmark, limiting the amount of it in circulation, later renamed the Reichsmark
When was the Dawes plan and what did it involve?
1924, reparations decreased to £50million per year, US banks loaned $25billion between 1924 and 1930
When was the young plan and what did it involve?
1929, Reduced the amount Germany had to pay in reparations from £6.6billion to 2 billion, increased payback time to 59 years
By 1929 how many homes had been built and what other three types of buildings had been improved?
3 million homes built, hospitals and roads and schools had been improved
When was the Locarno treaty and what did it involve?
1925- between GB, France, Italy, Belgium, Germany. Germany accepted its new borders and the permanent demilitarisation of the Rhineland
When did Germany join the League of Nations?
1926
When was the Kellogg-Briand pact formed and what did it involve?
1928, agreed no future wars between 65 countries to solve foreign policy problems
In summary, why were stresemann’s years in power viewed as the golden age?(6 reasons)
Improved standard of living, more culture, more women employed and going to universities, economic recovery, improved foreign relations, more stable government
Why may some say it was not the golden age?(5reasons)
Recovery was based on foreign debt, unemployment never fell below 1million, some women refused to give up their traditional lifestyles, depression in farming, 4 million people signed a petition to stop the Young Plan
What happened when America demanded loans back after the WSC?(3)
Banks went out of business, production fell by 40%, German government increased taxes
What happened with unemployment after the WSC? 3 facts
Rose from 1.6 million in 1929 to 6.2 million in 1932, 40% of factory workers unemployed in 1932, 60% of the unemployed were under 30
Why was Bruning unpopular?
He increased taxes, people nicknamed him the “hunger chancellor” due to the starvation in Germany
How many seats did the Nazis and the communists each win in the 1930 election and why?
107, 77, people were looking to the extremist parties for answers
By how much did the number of women working increase between 1907 and 1925?
1.7 million (but the percentage of women in work rose less than 1%)