stresseman recovery 1923-29 Flashcards
what new currency did stresseman issue
rentenmark
what was established by stresseman
rentenbank
when was the rentenbank established
nov 1923
what features protected the rentenmark
tightly controlled notes
tied to value of gold
what was given control of the rentenmark
reichsbank
when was the reichsbank given control of the rentenmark
aug 1924
what was the rentenmark renamed as
reichsmark
what happened to hyperinflation
it was over
when was the dawes plan
1924
what were the instalments temporarily reduced to
£50M a year
what did us banks agree to do
make loans to german industry
when was the young plan
1929
what was the total rep payment reduced to
£2B
how long was the time extended to for germany to pay up
1988
why were lower reperations good
it meant lower taxes
when was league of nations set up
1920
when was germany invited to LoN
1926
what countries involved locarno pact
france, belgium, germany, italy and britain
what did germany agree to in the L.pact
the new borders with france
improved relations
what did they agree to do in the rhineland
allies + germany agreed to demilitirise it
what country did the pact improve germany’s relations with
france
why was it different to treaty of v
not imposed
how did the pact benefit the w.g
increased status and support
when was the kellog briand pact
62 nations agreed not to go into war
what did the kellog briand pact show germany as
a major power
