Stresseman's Flashcards
(15 cards)
Who was Gustav Stresemann?
Stresemann was Germany’s Foreign Minister from 1923 to 1929 who helped stabilise the Weimar Republic.
What was Stresemann’s role in 1923?
He became Chancellor in August 1923 during hyperinflation, then Foreign Minister.
What action did Stresemann take to stop hyperinflation?
He introduced a new currency, the Rentenmark, in November 1923.
What was the Rentenmark?
A temporary currency backed by land and industry to stabilise Germany’s economy.
What was the Dawes Plan (1924)?
U.S. loans to Germany and a more manageable reparation schedule.
How much did the U.S. loan Germany in the Dawes Plan?
800 million gold marks.
What was the Young Plan (1929)?
Reduced total reparations from £6.6 billion to £2 billion and extended the payment period to 1988.
Why did some Germans oppose the Young Plan?
Nationalists, including the Nazis, saw it as Germany accepting blame again.
What was the Locarno Pact (1925)?
Germany accepted its western borders with France and Belgium.
How did the Locarno Pact improve Germany’s status?
It led to improved international relations and reduced fears of war.
When did Germany join the League of Nations?
In 1926, under Stresemann’s leadership.
What was the Kellogg-Briand Pact (1928)?
An international agreement to resolve disputes peacefully, signed by 65 nations including Germany.
How did Stresemann improve Germany’s international image?
Through diplomacy, securing trust and trade with other nations.
What phrase did Stresemann use to describe Germany’s situation?
“Germany is dancing on a volcano,” meaning things looked stable but were fragile.
When did Stresemann die, and why was it significant?
He died in October 1929; his death removed a key moderate leader during the start of the Great Depression.