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Cards (43)
Who was appointed Chancellor and Foreign Secretary of Weimar Germany in August 1923?
Gustav Stresemann
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Why did Stresemann hope to stabilize the economy?
To gain respect for
Germany
and support moderate parties
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What was the first step in Stresemann's strategy?
Ending
hyperinflation
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How did Stresemann end hyperinflation?
By establishing the
rentenmark
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What bank did Stresemann set up in November 1923?
The Rentenbank
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What is the value of the rentenmark tied to?
The price of
gold
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What backs the rentenmark?
German
industrial plants and agricultural land
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When was the rentenmark renamed to the Reichsmark?
August
1924
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What did the Reichsbank control?
The
rentenmark
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What was the outcome of stabilizing the currency?
Trust in
German
money was restored
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What plan did Stresemann agree to in April 1924?
The Dawes Plan
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Who was tasked with resolving Germany's non-payment of reparations?
Charles G Dawes
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What did the Dawes Plan temporarily reduce reparations to?
£50 million
per year
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How much did US banks loan to German industry between 1924 and 1930?
25 billion dollars
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What did Stresemann call off regarding the French occupation of the Ruhr?
Passive resistance
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What was the effect of the economic recovery on German society?
It benefited
workers
and the
middle class
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By how much did industrial output increase between 1923 and 1928?
It
doubled
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What was the public reaction to the economic recovery?
Support for the
Republic
strengthened
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What was the Young Plan's reparations debt reduced to?
2 billion
pounds
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How long was Germany given to pay off the reparations under the Young Plan?
59 years
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What was the annual payment amount under the Young Plan?
50 million
pounds
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What was the outcome of lower reparations for the German people?
Lower
taxes and increased public spending
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What percentage of voters supported the Young Plan in the 1929 referendum?
85%
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What agreement did the French make in 1930?
To leave the
Rhineland
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What was the Locarno Pact?
A
treaty
ensuring peace and borders
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When was the Locarno Pact signed?
December 1
,
1925
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What did Germany agree to under the Locarno Pact?
Accept its
1919
border with France
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What was the significance of the Rhineland being demilitarised?
It reduced the likelihood of war in
Europe
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What prestigious award did Stresemann receive in 1926?
The Nobel Peace Prize
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What was the impact of Germany's equal treatment in international relations?
Boosted confidence in
moderate parties
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When did Germany join the League of Nations?
September 1926
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What role did Germany have in the League of Nations after joining?
A place on the
Council
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What was the Kellogg-Briand Pact?
A promise not to use war for
policy aims
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When was the Kellogg-Briand Pact signed?
August
1928
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What was the effect of the Kellogg-Briand Pact on Germany's status?
Included
Germany
among
main
powers
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How did support for extremists change from May 1924 to May 1928?
It decreased from
40%
to
28%
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Who replaced President Ebert after his death in 1925?
Paul von Hindenburg
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What effect did Hindenburg's presidency have on the Weimar government?
It reassured the
middle classes
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When did Stresemann die?
October 3, 1929
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What major event occurred within a month of Stresemann's death?
The
Wall Street Crash
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