Gustav Sressman

    Cards (43)

    • Who was appointed as the new chancellor and foreign secretary for Weimar Germany in August 1923?
      Gustav Stresemann
    • What was Stresemann's hope for stabilizing the economy and regaining respect for Germany?
      He hoped it would lead to more support for moderate parties and reduce support for extremists.
    • What were the key steps in Stresemann's strategy from 1923 to 1929?
      • End hyperinflation with the rentenmark
      • Establish the Rentenbank
      • Rename rentenmark to Reichsmark
      • Implement the Dawes Plan
      • Introduce the Young Plan
      • Sign the Locarno Pact
      • Gain entry into the League of Nations
      • Sign the Kellogg-Briand Pact
    • What currency did Stresemann establish to end hyperinflation?
      The rentenmark
    • What was the purpose of the Rentenbank established by Stresemann?
      To issue a new currency, the rentenmark, to stabilize the economy.
    • How was the value of the rentenmark secured?
      Its value was tied to the price of gold and backed by German industrial plants and agricultural land.
    • When was the control of the rentenmark given to the Reichsbank?
      In August 1924
    • What did the Reichsbank rename the rentenmark?
      The reichsmark
    • What was the outcome of stabilizing the currency in Germany?
      Hyperinflation was brought to an end, restoring trust in German money.
    • What was the Dawes Plan and when was it agreed upon?
      It was an agreement to temporarily reduce reparations to £50 million per year, agreed in April 1924.
    • Who was the American banker involved in the Dawes Plan?
      Charles G. Dawes
    • What did the Dawes Plan involve regarding US loans?
      US banks were to give huge loans to German industry, amounting to 25 billion dollars between 1924 and 1930.
    • What action did Stresemann take regarding passive resistance to the French occupation of the Ruhr?
      He called off passive resistance.
    • What was the impact of Stresemann's policies on the German economy between 1923 and 1928?
      Industrial output doubled, and employment, trade, and income from taxation increased.
    • What was the Young Plan and when was it introduced?
      The Young Plan reduced the reparations debt from 6.6 billion pounds to 2 billion pounds, introduced in 1929.
    • How did the Young Plan affect annual reparations payments?
      Annual payments remained at 50 million pounds a year.
    • What was the outcome of the 1929 referendum regarding the Young Plan?
      35 million Germans voted in favor of the Young Plan, about 85% of voters.
    • What significant agreement was signed on December 1, 1925?
      The Locarno Pact
    • What did the Locarno Pact entail for Germany?
      Germany accepted its new border with France, and France promised peace with Germany.
    • What was the significance of the Rhineland in the Locarno Pact?
      The Rhineland was to be permanently demilitarized.
    • What was the outcome of Germany's entry into the League of Nations in September 1926?
      Germany was accepted as a member and given a place on the League of Nations Council.
    • What was the Kellogg-Briand Pact and when was it signed?
      It was a promise not to use war for foreign policy aims, signed in August 1928.
    • How did Stresemann's foreign relations strategy impact support for the Weimar government?
      It improved Germany's world status and reduced support for extremists.
    • What percentage of seats did extremists hold in May 1924?
      40%
    • What percentage of seats did extremists hold in May 1928?
      28%
    • Who replaced President Ebert after his death in 1925?
      Paul von Hindenburg
    • When did Gustav Stresemann die?
      On October 3, 1929
    • What major event occurred within a month of Stresemann's death?
      The Wall Street Crash occurred, leading to the Great Depression in Germany.
    • What were the overall effects of Stresemann's policies on the Weimar Republic?
      • Stabilized the economy
      • Restored trust in currency
      • Improved foreign relations
      • Reduced support for extremist parties
      • Strengthened moderate parties
    • What was the role of the Rentenbank in the establishment of the rentenmark?
      The Rentenbank issued the rentenmark to stabilize the economy.
    • What was the significance of the Dawes Plan in relation to reparations?
      The Dawes Plan temporarily reduced reparations to £50 million per year.
    • How did the Young Plan impact public spending power in Germany?
      Lower reparations meant lower taxes, releasing public spending power.
    • What was the importance of the Locarno Pact in European peace?
      The Locarno Pact helped secure peace by establishing Germany's borders and demilitarizing the Rhineland.
    • What were the implications of Germany's entry into the League of Nations for its international standing?
      It marked Germany's acceptance as an equal member among major powers.
    • What was the significance of the Kellogg-Briand Pact in terms of foreign policy?
      It represented a commitment not to use war for foreign policy aims.
    • How did Stresemann's death affect the stability of the Weimar Republic?
      His death contributed to the instability that followed, leading to the Great Depression.
    • What was the overall outcome of Stresemann's work?
      It wasn't all a success
    • What were some areas of discontent despite Stresemann's efforts?
      There were still some areas of discontent
    • What treaty's terms were still in place after Stresemann's work?
      The Treaty of Versailles
    • How did some people view the League of Nations?
      As a symbol of the unpopular Treaty of Versailles
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