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721506
Gustav Stresemann
Description
Mind Map on Gustav Stresemann, created by Lauren Robinson on 04/05/2014.
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Mind Map by
Lauren Robinson
, updated more than 1 year ago
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Created by
Lauren Robinson
about 11 years ago
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Resource summary
Gustav Stresemann
Economy
The young plan reduced reparations
Called off the passive resistance strike in the Ruhr
Introduced a new currency- the Rentenmark
The Dawes plan
Peoples savings were destroyed due to hyperinflation
The USA lent Germany 800 million to help trade and industry
The USA thought that they would use it to help pay the reparations
By 1930, Germany was one of the worlds leading exporters
HOWEVER, Unemployment still grew, taxes increased, farm workers salaries halved, extreme wealth and poverty, and Germany relied on the USA for loans
Political problems
1924-29 Germany had a more stable government
Stresemann angered many nationalists
They felt that he'd betrayed them
Some opposed to the young plan
Hindenburg elected as president
Leader during WWI
Showed that many people wanted the old Germany back
Foreign policy
In 1925, Germany signed the Locarno treaties
Had much of their land returned to them (such as the polish corridor)
Guaranteed western boarders- all agreed never to cross one another in agression
Britain, Italy and France also signed it
In 1926, Germany join the League of Nations
Germany now a greater power
Other countries now beginning to become less hostile to Germany, and showed that Germany could be forgiven
The young plan- 1929
Allies withdraw military from the Rhineland
War reparations are reduced
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