Gustav Stresemann and recovery of Germany

Question 1

When did Ebert appoint Gustav Stresemann as chancellor of Germany?

Answer 1

October 1923

Question 2

Till what year did Stresemann serve as chancellor?

Answer 2

Till 1929, (his death)

Question 3

What did Stresemann do in October 1923?

Answer 3

Stresemann introduced a new temporary currency called the Rentenmark

Question 4

What happened in October 1924?

Answer 4

As economy stabilised, Rentenmark was replaced by Reichsmark

Question 5

Why did people’s confidence in economy increase?

Answer 5

Because the currency was put under control of the Reichsbandk, not the government

Question 6

What was the Dawes Plan? and what was agreed?

Answer 6

• 1924 - Stresemann agreed to a series of measures known as the Dawes Plan
• French agreed to leave the Ruhr
• Reparations payments were reduced to 1 billion marks for one year and would then rise as Germany’s economy improved.
• There would be a further review of reparations

Question 7

What were the US loans and investments in the Dawes Plan?

Answer 7

• USA agreed to loan Germany 800 million marks
• gov encouraged US banks and businesses to incest in Germany - around $3 billion

Question 8

What did the money from US investments and loans go too?

Answer 8

• German businesses (replacing old equipment with new technology)
• Public works (high speed rail line from Berlin to Hamburg)
• Boosting Germany’s trade with other countries

Question 9

As a result, what happened in 1928?

Answer 9

Germany finally achieved the same levels of production as before WW1

Question 10

What happened in The Young Plan 1929?

Answer 10

• Stresemann continued to argue for a reduction in reparations
• Reparations were reduced from £6.6 billion to £1.85 billion and gave Germany longer to apply (59 years)
• This was a huge acheivment and this was recognised when 85% of Germans voted to accept the Young Plan in a referndum

Question 11

2 effects of the Dawes Plan?

Answer 11

1. French agreement to leave the Ruhr
2. US loans and agreements

Question 12

2 effects of the Young Plan?

Answer 12

?

Question 13

What was the most significant event of the recovery of Germany 1924-29?

Answer 13

1. Rentenmark to Reichsmark
2. Young Plan
3. Dawes Plan

Question 14

What was the most dignificant foreign relation?

Answer 14

1. Locarno Treaties 1925
2. League of Nations 1926
3. Kellogg-Briand Pact 1928
4. Support for Republic