germany assessment 2 Flashcards
(11 cards)
what was the munich putsch?
November 1923, angry with the political situation of germany, Hitler wanted to revolt
He wanted to violently overthrow local political leaders in Bavaria and trigger a national revolt against the weimar government
Hitler commanded 15,000 SA men and prepared to seize control of a meeting in bavaria of government officials in a Munich Beer Hall
Why
Nazis
Supported
Munich
Battle
Weimar Weakness
Nazi party growing
Stresemann called off Ruhr resistance
Mussolini’s example
Bavarian rebellion called off
Why Nazis Supported Munich Battle
Weimar weakness
Nazi party growing
Stresemann called off Ruhr resistance
Mussolini’s example
Bavarian rebellion called off
Locarno pact
A treaty signed between Britain, Belgium, Germany, France and Italy which had equal terms and terms were not forced upon eachother (eg, treaty of versaille).
This included the demilitarisation of Rhineland and the recognition of the 1919 western border with france in Rhine River. France promised peace, 1 December 1925. The goal was to produce peace and stability in Europe after WW1.
League of Nations
An international peace treaty which wished to prevent another world war breaking out. Germany was given a place in the League of Nations council on September 1926 after persuading the allies. This improved foreign relationships
Kellog-Briand pact
Germany and 61 other countries signed the kellog-briand which states not to use war to get political goals in august 1928
Young’s plan
1929 Managed by Owen Young and allies to redhce the reparation cost from £6.6billion to £2billion. Germany was given 59 years to pay and this increased the confidence in the Weimar Government as lower reparation= lowered tax = more happy people
Dawes plan
Ran by Charles Dawes who was given the task to resolve the missing payments. They reduced the annual bill to £50 million annually, ruhr strikes were called off and french troops returned to france, germany was given american loans from 1924-30. However Gustav Stresemann stated that ‘Germany was in fact dancing on a volcano’ September 1929. Another disadvantage was Germany was dependent on loans and those who had been arrested for refusing to work in the Ruhr did not get their charge lifted.
New currency
November 1923, the new state owned bank called Rentenmark created a new currency called Rentenmark and the notes printed were strictly limited to prevent hyperinflation. this currency was tied to gold. August 1924, a new dependent bank called Reichsbank renamed the currency to Reichsmark where the value was tied to gold, limited and was trusted abroad and home. A disadvantage was those who had been affected by hyperinflation would not get their savings or money back.
causes for Hyperinflation
financially in debt from losing war, workers going on strike, reparations being unsettled and people striking due to the unhappiness and dislike of weimar government
impacts of hyperinflation
food shortages, people refused to use german money (marks), those with savings and money in bank accounts, pensions and insurance policies were worthless. those who were most affected was the middle class
