The recovery of the Weimar Republic between 1924 and 1929 Flashcards
Who was Gustav Stresemann
He became Chancellor of Germany in 1923
He became foreign minister in 1926
What was Gustav Stresemann’s general strategy for trying to make Germany stronger than it had beed
Make Germany’s economy better and make other countries like Germany more
What did Gustav Stresemann do to restore value to money
Introduced money called the Rentenmark and connected it to the value of industry in Germany
How did Gustav Stresemann end hyperinflation
A new national bank called the Reichsbank renamed the new currency the Reichsmark and connected the money to the gold in the bank. This made everyone trust the value of the money
What was the Dawes Plan (1924)
USA banks agreed to give loans to German industry to help businesses grow
Reparation payments were reduced to £50 million per year
How exactly did the Dawes Plan help Germany
Germany’s production doubled between 1923 and 1928 and employment,tax income and trade increased. people got richer
What was the Young Plan (1929)
Reparation debt was reduced from £6.6 billion to £2 billion. Germany was also given another 59 years to pay the money
Why did political extremists hate the Young Plan
They thought that Germany should not be paying reparations at all. The Nazis described increasing the time as ‘passing on a penalty to the unborn’
What good things for Germany did the Young Plan lead to happening
It allowed the government to lower taxes. This meant that the government could spend more money which create more jobs
The French finally agreed to leave the Rhineland because of the Young Plan. All of these things increased people’s confidence in the Weimar Republic
What was the Locarno Pact (1925)
It was a Treaty between Germany, Britain, France, Italy and Belgium
How did the Locarno Pact make war less likely
Germany agreed its new border with France and France promised peace with Germany. Germany and the Allies agreed that the Rhineland would permanently have no troops in it. The countries agreed to open talks about German membership of the League of Nations
What year was Germany accepted into the League of Nations
1926
What was the Kellogg-Briand Pact (1928)
It was an agreement which promised that states would not use war to achieve foreign policy aims
Why would the Kellogg-Briand Pact, Locarno Pact,Young Plan and the Dawes Plan have lead to Germany being seen as a stable and trustworthy country
Because they were now a stable and democratic country that was not being seen as an equal and a country that would not aggressively start wars with other countries
