156872
Description
Flashcards by Konrad O'Neill, updated more than 1 year ago
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Created by Konrad O'Neill
over 10 years ago
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| Question | Answer |
| September 1923- new chancellor appointed Gustav Stresemann | He was the leader of the DVP, right wing, but still liberal Under his leadership Germany recovered |
| Stresemann persuaded the French, British and Americans to lower reparations through the Dawes Plan | Dawes was a successful American banker and politician who was the vice president from 1924-1929 |
| Dawes Plan | -Reparations begin at 1 billion Marks for first year. Then inc over 4 years to 2.5 billion Marks. -German Reichsbank would be recognised - USA to give loans to Germany to help its economic recovery -begins with 800 million Marks, inc to $3billion over 6 years |
| Retenmark was temporary currency- began November 1923 It was issued in limited quantities to prevent inflation | Following year the Retenmark was converted to the Reichsmark, a new currency now backed by a gold reserve |
| Young Plan Criticised by right wing politicians such as Adolf Hitler and Alfred Hugenburg | -Reparations reduced by 3/4 from £6600million to £1850million -Extended length of payment (59years) - average of 2.05 billion marks/year |
| Stresemann wanted to improve relation with France and Britain to gain their co-operations in reducing some of the worst features of the TofV | 1925-Germany signed the Locarno Treaty with Britain, France, Belgium and Italy |
| Locarno Treaty | -Countries agreed to keep existing borders -Marked Germany's return to the European International scene -It began the co-operation between Germany, France and Britain |
| League of Nations | -September 1926, Germany given a permanent seat in the council -This confirmed Germany's returnto "Great Power" -Germans regarded the League of Nations as the guardian to the TofV |
| Kellogy-Brund Pact 1928, 64 other nations -Everyone kept armies for self-defence | As a result of Stresemann's foreign policy -1925 France withdre from the Ruhr -Allies agrred to Dawes+Young plan -1927 allied troops withdrew from the West bank of the Rhine, 5 years before the original schedule |
| 1924-1929 greater political stability Although no single party won the majority of seats in the Reichstag, up until 1930, Social Democrats always won the most vote | 1924-1929, greater support for parties like the Weimar Republic: less support for extremist groups like the Nazis due to the economic recovery. May 1924- Social Democrats had 100 members in Reichstag, which rose to 153 in may 1928 whereas the Nazis had 32 which ell to 12 in may 1928 |
| Political stability happened because of Stresemann and Hindenburg Stresemann was a popular leader of the Weimar Republic due to his success abroad | Hindenburg, one of Germany's political leaders during 1914-1918. 1925 elected President and showed that the old Conservative order now accepted the Republic |
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