1.3 Recovart Of Rep Flashcards

1
Q

Recovery of republic ? Date

A

1924-29

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2
Q

When did stressman get appointed as chancellor + foreign secretary

A

Aug 1923

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3
Q

Who appointed stressman as the new chancellor and foreign secretary

A

President ebert

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4
Q

When did stress resign as chancellor

A

Nov 1923

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5
Q

How long did stress remain as foreign secretary

A

1929

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6
Q

What was stresses main obj

A

Make the poiltical situation in Germany more stable

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7
Q

And what did stresses main obj help

A

Stabalise economy and regain respect for germanys foreign attairs

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8
Q

What would stresses main obj do

A

Make germans feel more content w germany and reduce support in extremist parties

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9
Q

What was the rentenmark about

A

In nov 1923 stress set up new state bank called rentenbank which issued new currency rentenmark

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10
Q

Hiw did the rentenmark work

A

Real value as it was tied up to the price of gold
Notes were strictly limited
Backed up by german industrali plants and agricultural land

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11
Q

What happend in after to the rentenmark

A

In aug 1924 a newly independent bank called reishbank contrlled currency and renamed reishmark

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12
Q

What did the reishmark now do

A

Was now trusted and backed up so solved hyperinflation

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13
Q

How did the reishbank help

A

Gave stonger basis for recovery of german buinesses and improved employment

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14
Q

What did the reishbank not help th

A

Losses in hyperinflation

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15
Q

Date of dawes plan

A

1924

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16
Q

Info of dawes plan

A

Charles g dawes an american banker was aksed by allies to resolve germany non payment reparations and in april 1924 stress approved of it

17
Q

Dawes plan

A

Rep temporarily reduced to 50 mill per yr
us banks agreed on giving loans to germany industries loaned 25 billion betw 1924 -30

18
Q

What would Dawes plan reassure

A

Allies were getting there rep payment

19
Q

What had stress done to german workers in ruhr

A

Called off passive resistance

20
Q

Who would dawes plan benefit

A

Working and middle class

21
Q

What happedn to the industial output

A

Between 1923-28 industrial output x2 passing ww1 levels employment ,trade and income from taxation inc

22
Q

What did the dawes plan mean to Germans

A

Most germans reassured and strengthened Weimar Republic politicall however no drawbacks

23
Q

Howver (dawes palb)

A

Extreme political parties were mad again and fragile economy recovery depended on American loans

24
Q

Young plan info

A

5yrs later stress agreed on young plan which was further progress to rep bill and was set ip by allies headed by american banker own young

25
Q

Young plan

A

Reduced rep form 6.6 b to 2 b and gave 59 yrs to pay

26
Q

What were drawbacks of young plan

A

Annual payment was still 50 mill per yr hust stretched yo 1988

27
Q

How was young plab a senssible measure

A

Lower reperations which allowed lower taxes and released public spending power which boosted industry and employment

28
Q

What what was the virtual cyle

A

Economic growth

29
Q

What did it make frabce do

A

Leave rhine land in 1930

30
Q

Lococarno pact date

A

1st dec 1925

31
Q

Whi was the locorno pact between

A

Great Britain 🇬🇧
Germany 🇩🇪
Bulgaria 🇧🇬
Italy 🇮🇹
France 🇫🇷

32
Q

Key terms of locorno pact

A

Unlike tov agreed germay as equal rerms as other main powers

33
Q

What did germany accept in 1919

A

Border w France and promised peace

34
Q

What did allies + germany agree on

A

Permantley demilitarising rhineland

35
Q

What did teh five powers agree on

A

To think about the german membership in LON

36
Q

Why did stress see this as a triamph

A

Made war in euorpe less likely
He was given a noble peace price in 1926
Boisted prestige and confidence as now seen as equal
Gained many germans in moderte political parties

37
Q

Howver even if stress saw thsi as a triamph whats one negative impact ig

A

Soem extreme parties hared it still