Stresemann And His Solutions Flashcards
When did Streseman get appointed as germanys foreign minister?
1924
How did Stresemann solve hyperinflation?
Stresemann created a new temporary currency called the ‘Rentenmark’ which could be exchanged for the old currency. In 1924 this was replaced by the Reichsmark which remained for the next 25 years.
How did Stresemann solve the problem in the Ruhr?
He made the Dawes plan with the American vice president who agreed to loan Germany money to help pay their reparations
What were the negatives of the Dawes plan?
Germany was now financially dependent on the US
What was the Young plan?
An agreement Stresemann negotiated in 1929 to decrease the reparations from £6.6 billion to £1.8 billion
How did Stresemann deal with Germanys lack of status?
He signed the Locarno pact with Britain, France, Belgium and Italy in 1925 where they promised each other not to invade each other.
Germany joined the League of Nations in 1926.
In 1928 Germany signed the Kellog-Briand pact where the participating countries agreed never to go to war if not to defend themselves.