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History
Germany
Section 2
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Created by
Josie Venables
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Cards (40)
What period did the majority of Germans suffer from economic hardship?
1918-23
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How did loans and mortgages benefit some Germans during 1918-23?
They could
pay back money owed quickly
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Who was particularly helped by the ability to pay back loans quickly?
Some
business owners
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What type of possessions protected people from inflation's worst effects?
Land
or buildings
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How did some businesses benefit during the hyperinflation period?
They experienced high
profits
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What was one consequence of the occupation of the Ruhr on the German economy?
It
further
damaged
the
economy
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Who would be considered a loser during the hyperinflation of 1923?
A
factory worker
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Why would a business owner who took out a loan in 1914 be considered a winner during hyperinflation?
They could repay loans with
devalued
currency
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What is the time frame for the recovery of Germany discussed in this section?
1924-29
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Who was largely responsible for Germany's recovery during 1924-29?
Gustav Stresemann
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What was one major problem that persisted despite recovery efforts?
Serious
economic
problems
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What were the strengths and weaknesses of Stresemann’s domestic policy?
Strengths:
Introduced
Rentenmark
to stabilize currency
Improved economic conditions with US loans
Weaknesses:
No compensation for lost savings
Disillusionment with the Weimar Republic
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What temporary currency did Stresemann introduce?
Rentenmark
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How many old marks were replaced by one Rentenmark?
1,000 billion
marks
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What currency replaced the Rentenmark in 1924?
Reichsmark
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How did the new currency affect public perception?
It was quickly accepted by
Germans
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What was one consequence for those who lost their savings?
They felt
cheated
and disillusioned
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What did the Dawes Plan provide for Germany?
Loans from the
USA
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What was one positive outcome of the Dawes Plan?
Industrial production reached
pre-war
levels
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How did the Dawes Plan affect confidence in the government?
Confidence in the government
rose
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What improvements did the German government make with US loans?
Housing
, hospitals, schools, and
roads
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What was one criticism of the Dawes Plan from some Germans?
Felt the government
gave
in
too
much
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How did right-wing nationalists view the recovery under the Dawes Plan?
As a betrayal of
national interests
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What would have happened if the Dawes Plan had failed?
Severe knock-on effects for the
USA
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What did the Young Plan do regarding reparations?
Reduced the amount
Germany
had to pay
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What was the total amount of reparations set by the Young Plan?
£6.6 billion
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What was one effect of lower reparation payments?
Eased anger among
nationalists
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What was a concern regarding the Young Plan's timeline?
Germany
would pay reparations until
1988
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What were the strengths and weaknesses of Stresemann’s foreign policy?
Strengths:
Improved relations with
Britain
and
France
Gained a permanent seat in the
League of Nations
Weaknesses:
Many Germans felt let down
Only recognized benefits of
Locarno
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What agreement did Germany sign in 1925 to respect borders?
Locarno Pact
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What was the outcome of the Locarno Pact?
Improved
relations
and
cooperation
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When did Germany join the League of Nations?
1926
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What was Germany's status in the League of Nations after joining?
Permanent seat on the
Security Council
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What did the Kellogg-Briand Pact aim to achieve?
Resolve disputes
peacefully
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What was a limitation of the Kellogg-Briand Pact?
It had
little
power or status
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How did many Germans perceive Stresemann’s foreign policy?
They
felt
let
down
by
the
outcomes
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What were the major problems facing Germany that Stresemann dealt with?
Hyperinflation
Reparations
Weakened national trust
Lack of trust from foreign countries
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What should you do to evaluate Stresemann's effectiveness?
Assess how he dealt with
major problems
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What is required for an 8-mark question on Paper 1?
Explain two
effects
with
consequences
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What should you include in your judgement about Stresemann's solutions?
Support
your
judgement
with
reasons
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