| How did stresemann help stop hyperinflation | 1) He called of passive resitance in the ruhrs
2) Set up a new currency called Rentenmark(November 1923) which was tied to German land and had real value
3)In August 1924 the currency was renamed the Reichsmark and placed under the control of the Reichsbank, this stopped hyperinflation. |
| When was the Dawes plan | 1924 |
| What were the terms of this | 1) US loaned 800million Reichsmark
2) Reparations were temporily reduced to 50 million pounds a year |
| When was the young plan | 1929 |
| What was the terms | 1) reparations from 6.6 billion pounds to £2 billiion
2) The payments were to be made till 1988 |
| Wall street crash effects on young plan | 1) Germany recalled loans
2) By 1933 world trade had fallen by 60% ridding Germany of any success through exporting |
| Between 1925-29 how much did German exports rise by | 40% big improvement stresemann a g |
| Did the economy recover under Stresemann? | 1)To an extent yes, the industrial production in 1928 were higher than those off 1913
2) Also pensions and health; unemployment schemes were put into place by 1927 |
| Why was the economy not completely secure | Its backbone were based on American loans
Unemployment was still a problem
Germany were in a trade deficit |
| What were some of Stresemanns international achievements | 1) Locarno pact 1925 - Germany recognised their borders with France
2)League of nations 1926 - set up by Woodrow Wilson and was a peace keeping for the countries
3)Kellogg-Briand pact 1928 - 62 other countries involved, countries agreed to disarm and not use war to resolve problems |
| Even through these succesess, who still resented the Weimar republic | Those who were against the treaty of versialles
Nazis&communist |
