Weimar Recovery

Question 1

In which year was Weimar Germany on the verge of social and economic collapse?

Answer 1

1923

Question 2

What caused economic and social collapse in Weimar Germany? (1923)`

Answer 2

German GOVT failing to make reparations payments

Question 3

In which time period was Weimar in its Golden Era?

Answer 3

1924-1929

Question 4

Who became Chancellor in August 1923?

Answer 4

Gustav Stresemann

Question 5

When did Stresemann become Chancellor?

Answer 5

1923 during the hyperinflation crisis

Question 6

What ended Weimar’s golden era of greater prosperity?

Answer 6

Wall Street Crash 1929

Question 7

How did Stresemann end hyperinflation?

Answer 7

Calling off the ‘passive resistance’ of German workers in the Ruhr

Introducing a new currency- The Rentenmark

Reducing the amount of money the government spent (700,000 government employees lost their jobs) so that its budget deficit reduced.

Promising to begin reparations payments again.

Question 8

When did France and Belgium end occupation of the Ruhr? And why was this significant

Answer 8

1925
- This was significant as it after Germany began to pay reparations again it persuaded France and Belgium to end occupation

Question 9

Which countries were in the Allies? WW1

Answer 9

Great Britain, France, Russia, Italy, Japan and the USA.

Question 10

Which countries were in the Allies? WW2

Answer 10

France, Poland and the UK but they were joined by USSR and USA.

Question 11

How did Stresemann get other countries to comply with his plans?

Answer 11

He got sympathy from the Allies which then led to new repayment plans and to renegotiate payments

Question 12

When was the Dawes Plan introduced?

Answer 12

1924

Question 13

What did the Dawes plan do?

Answer 13

Lowered payments
Loans of 800 million marks from the USA

Question 14

Amount of reparations to be paid under the DAWES PLAN

Answer 14

Stayed the same overall (50 billion Marks) but Germany only had to pay one billion Marks per year for the first five years and 2.5 billion per year after that

These payments were done over an indefinite period of time

Question 15

When was the Young Plan introduced?

Answer 15

1929

Question 16

What did the Young Plan do?

Answer 16

Reduced reparations due by 20%
Loans from USA continued

59 years, with payments to end in 1988

Question 17

Amount of reparations to be paid under the YOUNG PLAN

Answer 17

Germany was to pay two billion Marks per year, two thirds of which could be postponed each year if necessary

Total amount reduced by 20%

Question 18

Which bank coordinated USA’s loans to Germany?

Answer 18

J P Morgan

Question 19

Signs of economic recovery in Weimar Germany

Answer 19

By 1928 industrial production levels were higher than those of 1913

Between 1925-29 exports of goods and services rose by 40%

Hourly wages rose annually in Germany

Generous pension, health and unemployment insurance schemes were introduced from 1927

IG Farben, a German chemical manufacturing company, became the largest industrial company in Europe

Question 20

Signs of continued economic weakness in Weimar Germany

Answer 20

Agricultural production did not recover to its pre-war levels

German industry became dependent upon loans from the USA

Germany spent more money on imports than money made on exports (losing money)

Unemployment did not fall below 1.3 million and in 1929 increased to 1.9 million

Question 21

When were the Locarno Treaties established?

Answer 21

1925

Question 22

When was the League of Nations established?

Answer 22

1926

Question 23

When was the Kellogg-Briand Pact established?

Answer 23

1928

Question 24

What did the Locarno Treaties do?

Answer 24

Germany, France and Belgium agreed to respect their post-Versailles borders

Germany agreed with Poland and Czechoslovakia to settle any border disputes peacefully.

Question 25

What did the League of Nations do?

Answer 25

Set up was part of the ToV, Germany was initially excluded. By signing the Locarno Treaties it showed countries that Germany wanted to repair relations

In 1927 Germany was accepted as a permanent member of the Council of League, making it one of the most powerful countries in the League.

Question 26

What did the Kellogg-Briand Pact do?

Answer 26

Countries committed in its signatories
to settling disputes between them peacefully.

Question 27

How many countries were in the Kellogg-Briand Pact?

Answer 27

62 including Germany

Question 28

Why were the new international relations made by Germany succesful?

Answer 28

Mirrored a calmer period socially

From 1924 to 1929 there were no attempts to overthrow the Republic in these years and extremist parties like the Nazis performed poorly in elections.