The Golden Years Flashcards
Who became chancellor in August 1923?
Gustav Stresemann
What did Stresemann set up in November 1923?
A new state-owned bank, the Rentenbank, which issued the Rentenmark
What was the currency renamed in August 1924?
Reichsmark
When was the Dawes Plan?
April 1924
What did the Dawes Plan promise?
Reparations were temporarily reduced to £50 million per year
The US banks agreed to give loans and loaned Germany $25 billion between 1924 and 1930
When was the Young Plan?
August 1929
What did the Young Plan promise?
Reduced reparations from £6.6 billion to £2 billion
Germany was also given a further 59 years to pay
When was the Locarno Pact signed?
December 1st 1925
How did the Locarno Pact help Germany to recover?
It wasn’t imposed on Germany
War in Europe became less likely because France promised peace with Germany
When was the Kellog Briand Pact signed and who signed it?
August 1928 (signed by Germany and 61 other countries)
Why was this good for Germany?
It was a sign the Weimar Republic was respected again
