Gustav stesemann

Cards (27)

  • Who was Gustaf Strassman?
    Chancellor of Germany during hyperinflation
  • What was the main question posed in the video about Strassman?
    Did Strassman solve Germany's problems?
  • What does the cartoon depict about Strassman?
    He is a guardian angel for Germany
  • What does the tightrope symbolize in the cartoon?
    Balancing between extreme left and right politics
  • What was Strassman's plan for Germany?
    To guide Germany to peace and prosperity
  • When was Strassman Chancellor of Germany?
    Between August and November 1923
  • What significant role did Strassman hold from 1923 to 1929?
    Foreign Minister of Germany
  • What period in Germany is often referred to as the Golden 20s?
    The time of economic improvement under Strassman
  • What major event occurred one month after Strassman's death?
    The Wall Street crash in 1929
  • What are the five Rs associated with Strassman's policies?
    Rentenmark, reparations, Ruhr, relations, rebuild economy
  • What was the Rentenmark?
    A new currency introduced to solve hyperinflation
  • How much was one Rentenmark worth in old marks?
    1 Rentenmark was worth 1,000 billion old marks
  • What was the outcome of introducing the Rentenmark?
    Inflation ended and trade confidence recovered
  • What was the 1924 Dawes Plan?
    A plan to help Germany manage reparations payments
  • What did the Young Plan of 1929 achieve?
    Reduced reparations from 132,000 million to 37,000 million marks
  • How did many Germans view the payment of reparations?
    As a sign of weakness and unfairness
  • What was the significance of ending passive resistance in the Ruhr?
    Allowed French and Belgian forces to leave
  • What was the Locarno Pact of 1925?
    An agreement to prevent invasions among signatory countries
  • What year did Germany join the League of Nations?
    1926
  • What recognition did Strassman receive for his efforts in international relations?
    The Nobel Peace Prize
  • What was the impact of American loans on Germany's economy?
    Boosted investments but created dependency
  • What was a negative consequence of the economic recovery in the 1920s?
    Increased reliance on the American economy
  • What did Strassman fail to do regarding lost territories?
    He made no attempt to reclaim lost land
  • How did many Germans perceive Strassman's foreign policy?
    As weak and conciliatory towards former enemies
  • What was the overall assessment of Strassman's impact on Germany?
    He delayed problems rather than solved them
  • What were the five Rs of Strassman's policies?
    • Rentenmark: New currency to end hyperinflation
    • Reparations: More manageable payment plans
    • Ruhr: Ended French occupation
    • Relations: Improved ties with former enemies
    • Rebuild economy: Stimulated growth through loans
  • What were the strengths and weaknesses of Strassman's policies?
    Strengths:
    • Ended hyperinflation
    • Improved international relations
    • Stimulated economic growth

    Weaknesses:
    • Created dependency on US loans
    • Seen as weak by many Germans
    • Did not reclaim lost territories