Weimar Government Recovery Under Stresemann 1923-29 Flashcards
When did Gustav Stresseman become Chancellor of Germany?
1923
When did Stresseman die and what title did he have until he died after being chancellor?
Died in 1929 after being foreign secretary
What did he set up in November 1923?
Rentenbank and issued a new currency
What was the new currency called and what did it do for german people?
Rentenmark which restored peoples confidence in the german economy both home and abroad
In 1924 what was the currency named after and what was over?
Renamed the Reichsmark and hyperinflation was over.
What plan was agreed in 1924?
Dawes plan
What did the Dawes plan do?
It reduced the amount of reparations that Germany had to pay and Germany received loans from the USA to help recover and rebuild after WW1
What plan was agreed in 1929?
Young plan
What did the young plan do?
Further reduce the amount of reparations that Germany had to pay and extended the amount of time that Germany had to pay them back
What pact did Germany join in 1925?
Locarno Pact
What was the locarno pact?
Germany made an agreement with Britain France Italy and Belgium to respect its new borders and demilitarised the Rhineland
What was Germany invited to join in 1926?
League of nations
What did Germany joining the league of nations show?
Germany waano longer seen as an outsider by other European countries
In 1928 what pact did Germany sign up to and what was it?
Kellog Briand pact which was an agreement between 62 nations to avoid the use of war.
What did Stresseman’s work in economic and foreign affairs do?
Strengthened German peoples confidence in the Weimar Republic