germany 2 Flashcards
(10 cards)
1
Q
Dawes Plan
A
- Aug 1924
- US loaned $800m to Germany in gold marks
- French agreed to withdraw from the Ruhr
- Allies restructured reparations in a way that would make them more manageable in the short term
2
Q
League of Nations
A
- September 1926, Germany joined
- Germany given a place on the League of Nations Council
3
Q
Locarno Treaty / Pact
A
- 1925
- Germany accepts West Border and de-mil of Rhineland
- France not to occupy Ruhr again
- Agreement of Germany’s East border
4
Q
Rentenmark
A
- Introduced Nov 1923
- 1 Rentenmark = 1 trillion marks
- Based on mortgage of all land and assets so it was secure
5
Q
When did Stresseman call off passive ressitance in the Ruhr?
A
September 1923
6
Q
Young Plan
A
- 1929
- Reperations reduced to 2b gold marks
- Payments made over 59 years ($473m per year)
- French would leave Rhineland by 1930
7
Q
Positives
Economic Recovery
A
- 25.5 billion marks (mainly from USA) came to Germany between 1924-1930
- Helped increase industrial output
- ‘Labour exchanges’ helped people find work
8
Q
Negatives
Economic Recovery
A
- Economy heavily reliant on US loans
- Middle classes hit especially hard by hyperinflation and economic policies
- Farmers were affected by an agricultural depression of 1927 and fell into debt
9
Q
Stresseman
A
- Became Chancellor breifly in 1923
- Foreign Minister from 1923-29
- Played big role in leading the “Great Coalition”
- Nobel Peace Prize in 1926 with Briand
10
Q
Kellog-Briand Pact / Pact of Paris
A
- 1928
- 15 countries signed
- 62 signed by 1939
- Condemned the use of war for settling international disputes and conflicts
- Diplomacy and negotiation used to settle conflicts
- Germany gained power and respect
- “renounce war as an instrument of national policy”
