Quiz 3

Cards (14)

  • What problem did Stresemann tackle first as chancellor?
    Hyperinflation
  • What was the name of the temporary currency introduced in 1923?
    The Renten mark
  • What was the value of the Renten mark based upon?
    Germany's industrial and agricultural worth
  • What was the name of the new bank set up in 1924?
    The Reich bank
  • What was the name of the new permanent currency introduced in 1924?
    The Reichsmark
  • Which issue in the Treaty of Versailles did Stresemann try to solve?
    Reparations
  • Which country loaned money to Germany?
    The USA
  • What was the name of the plan initiated with the USA in 1924?
    The Dawes plan
  • How much money was loaned to Germany under the Dawes plan?
    800 million gold marks
  • Which area did the French withdraw from?
    The Ruhr
  • Name two areas that showed economic confidence in Germany.
    Wages rose, building programmes
  • What was the name of the plan made in 1929 to restructure reparation payments?
    The Young plan
  • How much was the reparations bill reduced to under the Young plan?
    $1.8 billion
  • How many years did Germany have to pay reparations under the Young plan?
    59 years