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end of WW1

Reperations

stresseman improvement

the dawes plan

the young plan

couldn't afford to fight

treaty of versailles

qoute 10

12 'germany had a large debt, worsened by having to pay reparations rather than receive them'

Hite, H& Hinton, C. (200) Weimar and Nazi Germany Advanced History Core Ttexts, London, John Murray. Pages 45-6, 48-50

1 'the treaty of Versailles forced Germany to pay reparations to the allies. the reparations bill was announced april 1921'

2 'After the First World War Germany had great difficulty paying the reparations that had been agreed under the terms of the Treaty of Versailles.'

http://spartacus-educational.com/GERdawes.htm

invasion of the ruhr

print money

quote 2

French+belgian troops

9 'In January 1923 France and Belgium invaded the Ruhr, an industrial area of German bordering their own countries. This region, full of factories and coalmines, contained resources the French and Belgians intended to use to make up for the unpaid reparations.'

germans refused to work

http://www.theholocaustexplained.org/ks3/the-nazi-rise-to-power/the-weimar-republic/invasion-of-the-ruhr/#.VTEm-Ka9VUQ

8 'German workers refused to co-operate with the French and Belgian armies, and went on strike.'

hyper inflation

4 'Since Germany was no longer able to pay the striking workers, more and more money was printed, which finally led to hyperinflation'

10 'inflation was announced before the war ended.'

Hiden J.W. (1987), The Weimar Republic, Harlow, Longman. page 32

mark was worthless

recovery

turning point

http://en.wikipedia.org/wiki/Gustav_Stresemann

establishment of rentenmark

6 'the government simply printed money... it paid off its debts in worthless marks including war loans of over £2,20 million'

11 'in 1914 a dollar was worth 4.20 marks, by early 1920 100 marks'

14 'Stresemann introduced a new currency, the Rentenmark, to end hyperinflation.'

Walsh, B (2009) Edexcel GCSE modern world history, (3rd edition) London, Hodder pages 158-160, 162, 165

7 'he called in all the worthless marks and burned them, replacing them with a new currency called the rentenmark'

quote 7

5 'On September 26 (or 27), 1923 Stresemann announced the end to the resistance against the Occupation of the Ruhr by the French and Belgians'

American loans

negotiated reperation payments

3 'he negotiated to receive American loans under the dawes plan'

13' Young Plan, (1929), second renegotiation of Germany’s World War I reparation payments.'

http://www.britannica.com/EBchecked/topic/654097/Young-Plan