The recovery of the Republic 1924 - 29 Flashcards
(29 cards)
What was Stresemann’s main aim?
Political Stability
Why did Stresemann want political stability?
He hoped that stability would unite the Germans behind Weimar and away from left and right wing parties
What was the golden age?
The idea that Stresemann’s changes made Germany great again, won him support and achieved recovery
What was the Rentenbank?
Stresemann’s new state owned national bank
When was the Reichsbank formed?
1924
What was the Rentenmark?
Stresemann’s new currency which helped replace worthless money
When did the Rentenmark become the Reichsmark?
1924 when hyperinflation ended
When was Stresemann given the Nobel Peace Prize?
1926
Who was Hindenburg?
The man who replaced Ebert after he died in 1925
When was Stresemann made chancellor and foreign secretary?
August 1923
When did Stresemann resign as chancellor?
November 1923
When was the Dawes plan?
1924
What was the Dawes plan?
Repayments were reduced to $50 million per year and German businesses were loaned $25 million
How did the Dawes plan help the economy?
Production doubled and employment increased which increased tax revenue
Why did the right wing hate the Dawes plan?
As the economy now depended on US loans
When was the Young plan?
1929
What was the Young plan?
Reduced reparations down to 2 billion and gave Germany an extra 59 years to pay
Why did the right wing hate the Young plan?
Repayments were still $50 million until 1988
How did the Young plan help the economy?
Let Ebert lower taxes which boosted economic spending and employment
When was the Locarno pact?
1925
What was the Locarno pact?
Germany now considered equal, acceptance of borders with France, permanent demilitarisation of Rhineland
Why did the right wing hate the Locarno pact?
They wanted a total reversal of the Treaty of Versailles which did not happen
When did Germany become part of the League of Nations?
1926
When was the Kellogg - Briand pact?
August 1928
