Weimar's Recovery

Weimar's Recovery

1. Stresemann

   • The Dawes Plan 1924
     • Reduced reparation costs
     • Included a loan from the US
     • French troops left the ruhr
   • Locarno pact 1925
     • settled border disputes
   • Germany joins league of nations 1926
     • respectability
   • Rentenmark
     • Established by Stresemann and maintained by the central bank
     • Solved the problem of hyperinflation
     • Confidence in Germany's economy returned
   • The Young Plan 1929
     • reparations reduced by 1/4
     • Germany had 58 years to pay
     • Germany was given responsibility over payments
     • more loans from the usa

2. Worldwide economy recovery

   • New markets for German goods abroad
     • the economy prospered
     • unemployment was low