Germany Flashcards
(10 cards)
What were consequences of WW1 for Germany?
6.6 billion marks in reparations Army reduced to 100,000 men Navy reduced to 6 battleships No submarines aloud No air force Loss of land Loss of colonies
When did the Kaiser abdicate?
November 1918
Give a simple outline of what the Dawes plan (1924) is.
Stresemann agreed to this in April 1924.
Reparations were temporarily reduced to £50 million
US banks loaned $25 billion between 1924-30
Who did the Dawes Plan benefit? And why?
The working and middle classes.
Industrial output doubled between 1923 and 28.
Employment, trade and income from taxation increased.
What were the different reactions to the Dawes plan throughout Germany?
Most Germans were reassured. It also made the Weimar Republic look stronger.
Extremist parties were furious that Germany agreed to pay reparations
Why was a negative of the Dawes Plan?
It relied completely on the loans from America.
Give a simple outline of the Young Plan (1929)
Stresemann made further modifications to the reparations.
The total debt was reduced from £6.6 billion to £2 billion.
Germany was given a further 59 years to pay them off.
How did extremist parties react to the Young Plan?
Extremist parties were angry; Hitler believed it was ‘passing on the penalty to the unborn’
What were drawbacks of the Young Plan?
Annual payments were still £50 million a year.
Germany was now committed to the debt until 1988
Why was the Young Plan a sensible measure?
Lowers reparations meant lower taxes; more public spending power; boosting German industry; creating more jobs. It’s a ‘Virtuous cycle’.
The French agreed to leave the Rhineland in 1930
This all contributed to Germans having more confidence in the Weimar Republic.
