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Weimar and Nazi Germany
The Weimar Republic 1918-29
The Young Plan, 1929
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Created by
Willow Lightfoot
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Cards (19)
Who headed the committee set up by the Allies to address reparations?
An
American
banker called
Owen Young
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What was the total reparations debt reduced to under the Young Plan?
£2
billion
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How many additional years was Germany given to pay reparations under the Young Plan?
59
years
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Until what year was Germany expected to complete its reparations payments?
1988
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What was one effect of lower reparations payments on German taxes?
It allowed the government to
lower
taxes on
ordinary
German people
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How did lower taxes impact public spending power in Germany?
It increased
public spending
power, boosting German
industry
and creating more
jobs
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When did the French agree to leave the Rhineland?
In
1930
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How did Hitler respond to the agreement regarding the Rhineland?
He criticized it as
‘passing on the penalty to the unborn’
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What major economic event limited the impact of the Young Plan's benefits?
The
Wall Street Crash
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What were the key outcomes of the Young Plan for
Germany?
Total reparations debt reduced from
£6.6
billion to
£2
billion
Extended payment period by
59
years until 1988
Lower
taxes on ordinary German people
Increased
public spending power, boosting industry and jobs
French agreement to leave the Rhineland in
1930
Limited impact due to the
Wall Street Crash
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When was the Young Plan made?
1929
Set up by the Allies, headed by an American banker called
Owen Young
.
Reduced the total reparations debt from
£6.6 billion
to
£2 billion
Germany
was given a further
59
years to pay (until
1988
)
Lower
reparations
payments allowed the government to lower
taxes
on ordinary German people
Lower
taxes
meant more public
spending power
– boosted
German
industry and created more jobs
The
French
agreed to leave the
Rhineland
in
1930
.
Hitler
criticised this as ‘passing on the penalty to the
unborn
.’
The
Wall Street Crash
meant most of the benefits of the
Young Plan
didn’t have time to make an impact.