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History > Why did the government become popular by 1923? > Flashcards

Why did the government become popular by 1923? Flashcards

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1
Q

Who became the Chancellor in 1923?

A

Gustav Stresemann

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2
Q

What got worse due to the workers strike?

A

Inflation

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3
Q

What did Stresemann want to end?

A

Hyperinflation

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4
Q

What did Stresemann want Germany to be?

A

Prosperous

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5
Q

What does having prosperity mean?

A

Being rich

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6
Q

What did Stresemann introduce?

A

Rentenmark - new curency

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7
Q

What happened to the old currency?

A

It was destroyed

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8
Q

What was the Rentenmark tied to?

A

Property - not gold

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9
Q

How long was the Rentenmark introduced for?

A

1 year

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10
Q

What did Stresemann limit?

A

Printing of the Rentenmark

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11
Q

What replaced the Rentenmark?

A

Reichsmark

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12
Q

What was the Reichsmark tied to?

A

Gold

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13
Q

What did Germany get due to this?

A

prosperity

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14
Q

4 positives of Reichsmark

A

-Industry grew
-Wages increased
-Public works
-unemployment fell from 9 to 6 million

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15
Q

2 negatives of Reichsmark

A

-farming production reduced by 74%
-lower middle class wages didn’t rise

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16
Q

When was the Dawes Plan signed?

A

August 1924

17
Q

Who signed the Dawes Plan?

A

Germany and America

18
Q

What was the Dawes Plan?

A

USA loaning Germany money to pay reparations

19
Q

How much was the First loan of the Dawes Plan?

A

800 million marks

20
Q

What were the reparations going to be paid in?

A

Installments - 1 billion first year, 2.5 billion over 4 years

21
Q

How much was eventually going to be loaned in the Dawes Plan?

A

3000 billion marks

22
Q

What did the allied troops do in 1924?

A

Leave the Ruhr

23
Q

When was the Young Plan signed?

A

1929

24
Q

What did the Young Plan do?

A

Reduce reparations and extend payment time

25
Q

How much was reparations reduced to?

A

£1850 million

26
Q

How much was the payment of reparations extended to?

A

59 years

27
Q

When was the Locarno Pact signed?

A

1925

28
Q

Who signed the Locarno Pact?

A

Britain, Belgium, France Germany and Italy

29
Q

What was the Locarno Pact agreement?

A

France, Belgium and Germany keep their borders - no invasion

30
Q

What was the time known as after the signing of the LP?

A

Locarno Honeymoon

31
Q

What was Germany allowed to join in 1926?

A

League of Nations

32
Q

When was Germany allowed to join the League of Nations?

A

1926

33
Q

How many countries agreed to solve disputes peacefully?

A

64 countries

34
Q

What was the time under Stresemann known as?

A

The Golden Years

History (5 decks)

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