Topic 2 The Recovery Of The Weimar Flashcards
When did Gustav Stresemann introduce the Rentenmark?
1923
What 3 things did Gustav Stresemann do to end hyperinflation?
- called off passive resistance
- promised to begin reparations payments again- persuaded France and Belgium to end occupation by 1925
- introduced new temporary currency- Rentenmark
What were the 2 repayment plans that helped Germanys economy to recover?
- The Dawes Plan
- The Young Plan
When was The Dawes Plan agreed with America?
1924
What 2 things did The Dawes Plan do?
- reduced annual reparations payments
- Germany loaned 800 million marks from USA
When was The Young Plan agreed?
1929
What 3 things did The Young Plan do?
- reduced reparations by 20%
- gave Germany 59 years to pay reparations
- Germany would continue to receive loans from USA
What were the 3 events that improved international relations with Germany?
- Locarno Pact
- The League of Nations
- The Kellogg- Briand Pact
When was the Locarno Pact signed?
1925
What did the Locarno Pact do?
Germany, France and Belgium all agreed to respect the borders set by the Treaty of Versailles
When was Germany made a permanent member of the League of Nations?
1926
When was Gustav Stresemann awarded the Nobel Peace Prize as a result of signing the Locarno Pact?
1926
When was the Kellogg-Briand Pact signed?
1928
What was the Kellogg-Briand Pact?
- Germany was one of 62 countries that signed up
- it was a promise to solve all disputes peacefully
In what period of the Weimar Republic was it described as a ’golden age’?
1924-29
