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Cards (43)
Who was appointed as the new chancellor and foreign secretary for Weimar Germany in August 1923?
Gustav Stresemann
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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
.
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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
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What currency did Stresemann establish to end hyperinflation?
The
rentenmark
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What was the purpose of the Rentenbank established by Stresemann?
To issue a new currency, the
rentenmark
, to stabilize the economy.
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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.
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When was the control of the rentenmark given to the Reichsbank?
In
August
1924
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What did the Reichsbank rename the rentenmark?
The
reichsmark
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What was the outcome of stabilizing the currency in Germany?
Hyperinflation
was brought to an end, restoring trust in German money.
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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.
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Who was the American banker involved in the Dawes Plan?
Charles G. Dawes
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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
.
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What action did Stresemann take regarding passive resistance to the French occupation of the Ruhr?
He called
off
passive
resistance.
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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.
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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
.
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How did the Young Plan affect annual reparations payments?
Annual payments remained at
50 million
pounds a year.
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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.
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What significant agreement was signed on December 1, 1925?
The
Locarno Pact
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What did the Locarno Pact entail for Germany?
Germany accepted its new border with France, and
France
promised peace with Germany.
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What was the significance of the Rhineland in the Locarno Pact?
The Rhineland was to be permanently
demilitarized
.
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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
.
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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
.
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How did Stresemann's foreign relations strategy impact support for the Weimar government?
It improved Germany's world status and reduced support for
extremists
.
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What percentage of seats did extremists hold in May 1924?
40%
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What percentage of seats did extremists hold in May 1928?
28%
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Who replaced President Ebert after his death in 1925?
Paul von Hindenburg
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When did Gustav Stresemann die?
On
October 3
,
1929
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What major event occurred within a month of Stresemann's death?
The
Wall Street Crash
occurred, leading to the
Great Depression
in
Germany
.
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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
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What was the role of the Rentenbank in the establishment of the rentenmark?
The Rentenbank issued the rentenmark to
stabilize
the economy.
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What was the significance of the Dawes Plan in relation to reparations?
The Dawes Plan temporarily reduced reparations to
£50 million
per year.
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How did the Young Plan impact public spending power in Germany?
Lower
reparations
meant lower taxes, releasing public spending power.
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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
.
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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
.
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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.
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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
.
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What was the overall outcome of Stresemann's work?
It
wasn't
all a
success
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What were some areas of discontent despite Stresemann's efforts?
There
were still some
areas
of
discontent
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What treaty's terms were still in place after Stresemann's work?
The
Treaty of Versailles
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How did some people view the League of Nations?
As a symbol of the unpopular
Treaty of Versailles
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See all 43 cards
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