Stabilisation of the Weimar Republic under stresemann

• What caused people's savings to become worthless in Germany?


  Hyperinflation made German money worthless
• How did people who took out loans benefit from hyperinflation?


  They had to pay back less due to the devaluation of money
• What was the impact of hoarding goods during hyperinflation?


  Hoarders were able to make a massive profit
• Who worked to stabilize the Weimar Republic from 1923 onwards?

  Gustav Stresemann
• What currency did Stresemann issue to tackle inflation in late 1923?


  The Rentenmark
• What was the Rentenmark renamed to in 1924?


  The Reichsmark
• What was the purpose of the Dawes Plan?


  To reduce Germany's reparations payments and provide loans for rebuilding
• How did the Dawes Plan affect German industry by 1928?


  German industry output surpassed pre-WWI levels
• What did the Young Plan achieve in 1929?


  It reduced the reparations bill to £2 billion
• What was the significance of the Locarno Pact in 1925?


  It established new borders and opened talks for Germany to join the League of Nations
• When did Germany join the League of Nations?


  In 1926
• What was the Kellogg-Briand Pact of 1928?


  An international agreement not to use war for foreign policy aims
• How did international agreements during this period affect the Weimar Republic?


  They improved confidence in the Weimar Republic and reduced support for extremist parties
• What is the period known as when the Weimar Republic experienced stability and growth?


  The Weimar 'Golden Years'
• Who became president of Germany in 1925?


  Paul von Hindenburg
• What was Paul von Hindenburg's role during World War I?


  He commanded the German army
• How did Hindenburg's presence affect conservative Germans?


  It reassured them about the stability of the republic
• What was Hindenburg's belief regarding the Weimar constitution?


  He did not really believe in it