19953429
| Question | Answer |
| Who is considered to be the reason the Republic survived the crisis of 1923? | Gustav Stresemann Chancellor then Foreign Minister |
| Why was Stresemann 'important' to the Weimar 'recovery'? | He was a skilful politician. He provided continuity - he was in every government between 24 & 29. As a 'right winger' he had widespread support |
| What were Stresemann's first actions that helped improve the economy? | He called off passive resistance / promised to pay reparations / introduced a new more stable currency / negotiated a load with the USA (Dawes Plan) |
| Why was the Dawes Plan important to Germany? | It was a recognition that Germany needed 'support' / It provide for loans of 800 million marks / A Reparation payment plan was created / helped 'kick-start the economy |
| What was the name of the new currency? | The Rentenmark |
| What work schemes did Stresemann introduce that provided employment? | Housing projects (200,000 homes built) road building, schools & other public buildings |
| What indicators were there that the economy was improving? | In 1923 output exceed 1913 and by 1929 industrial output had doubled (Economy was growing) + Wages were rising (Indicating greater wealth) = more government income in taxation |
| What did 'critics' of the economic recovery say? | The economic recovery was FRAGILE |
| What were the main concerns about the economic recovery? | It was based on foreign loans (which still had to be paid back) The loans were 'short term' - they could be withdrawn at any point (No certainty) Unemployment remained constantly over 1 million Farmers' earning were falling fast (by 50% by 1929) / There was still an annual deficit in the balance of trade. (They bought more than they sold) |
| What 'law' was introduced in 1927 that workers supported? | National Unemployment Insurance - a scheme to support the unemployed |
| What potntial problem was there with the National Unemployment Insurance Scheme? | It would not be affordable if there was 'mass unemployment' (as there was after 1929) |
| Did unemployment figures indicate the economy was improving? | Unemployment was still very high with two million people unemployed in 1926. 1.3 million were still unemployed in 1928. So ‘not really’ |
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