Topic 2 Flashcards
Who was Stresemann?
The foreign minister of Germany 1924-1929 and also chancellor for 103 days
What did Stresemann do to fix hyperinflation?
Stopped passive resistance in the Ruhr and continued paying reparations
What happened in the Ruhr 1923?
France and Belgium invaded because Germany stopped paying reparitions
How did the workers in the Ruhr react?
They went on strike/passive resistance which was supported by the government
What caused hyperinflation?
The government kept printing money to pay the Ruhr workers and the money began to loose value
What was the currency?
Marks-rentenmark- reichmark
What was the Dawes plan?
1924
Loans from US
What was the young plan?
1929
Reparations decreases by 20%
59 years to pay
US loans
What was The Locarno pact?
1925
France Germany Belgium Britain Italy
Agree to respect borders set by ToV
What was the Kellog-Briand pact?
1928
65 countries
Confirms Germany’s status
Betters relations with USA