The recovery of the Republic Flashcards
When did Stresemann introduce the new currency? (Rentemark)
November 1923.
What was the effect of Stresemann introducing the Rentenark?
It stabilised the currency and German people showed faith in it.
What was the effect of the Rentenmark being converted to the Reichsmark?
Value was gradually restored to German money.
What year did Stresemann negotiate the Dawes Plan?
1924.
What was the effect of the Dawes Plan?
Reparations were reorganised and reduced.
The French withdrew from the Ruhr.
The US loaned Germany money between what years?
1924-1930.
What was the benefit of US loans?
It helped pay reparations. Greatly helped German industry.
When was the Locarno Pact introduced?
1925.
What was the effect of the Locarno Pact?
Relations were improved with Britain and France.
Stresemann negotiated entry into the League of Nations in what year?
1925.
What was the importance of Germany being admitted into the League of Nations?
They were recognised as a great power again.
What year was the Kellogg-Briand Pact introduced?
1928.
What was the importance of the Kellogg-Briand Pact?
Germany was one of 65 countries who agreed to settle disputed peacefully.
It helped other countries trust Germany more.
When was the Young Plan introduced?
1929.
What was the effect of the Young Plan?
It set a timescale and reduced reparations.
France agreed to leave the Rhineland early.