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Weimar Republic 1924-1929
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Cards (50)
In August 1923, the government of which Chancellor collapsed?
Chancellor
Cuno's
government collapsed leaving Gustav
Stresemann
as Chancellor
What was the name given to Stresemann's coalition?
Great Coalition
How many days was Stresemann Chancellor for?
103
days
What was the benefit of calling off passive resistance in the Ruhr?
It was the first step towards reducing government
expenditure
and
economic
recovery
What was the name of the new currency?
The
Rentenmark
As Germany did not have sufficient gold reserves to back the new currency, what was it supported by?
Mortgages
on all industrial and
agricultural
land
Issuing of the new currency was overseen by which man?
Hjalmar Schacht
How many civil servants lost their jobs in order to help balance the budget?
300,000
civil servants lost their jobs
How many companies went bankrupt in 1924?
over
6,000
companies went bankrupt
Why did these companies go bankrupt?
Many were reliant on
credit
and then crumpled, those who lost their
savings
collapsed
Why did the USA have a vested interest in getting Germany into a position to make reparations payments?
If they paid reparations to
France
, much of that money would be passed to
USA
to repay their loans
By the time the Dawes Plan was finalised Stresemann's government had fallen, but which position did he still have?
Foreign Secretary
What was the total reparations figure which remained?
£6.6 billion
/ 132 million golden marks
How much was Germany expected to pay initially?
1000
million marks
In which year would the payments be reassessed?
1929
After this the total to pay would take what into consideration?
2500 million marks
How much money did America loan Germany initially to help get the plan started?
800 million marks
Stresemann did not agree with the plan. However why did he still believe that was important?
Stresemann referred it to as an
'economic armistice'
but agreed as a way of securing
foreign
loans
What could Germany use the loans for to help rebuild the economy?
Machinery
, Factories, Houses and Jobs
With the French leaving the Ruhr what did some Germans start to believe again?
Contributed to German
optimism
that their country was once against its own master
Why was an international committee called together?
To discuss the report on the final
settlement
of the issue
Who was the American businessman who would head up the committee?
Owen Young
When and where did the committee meet?
Paris
,
1929
Who was the German representative?
Schacht
When was Germany required to pay reparations until?
To continue paying
reparations
until
1998
What was the total reparations bill reduced to?
Originally
£6.6
billion before reducing to
£1.8
billion
Who was to be solely responsible for reparations payments?
Germany
From where did Britain and France agree to withdraw their troops?
From the
Rhineland
by
June 1930
Who was behind the 'freedom law'?
Alfred Hugenberg
and other conservative groups like the
Nazis
What did the 'freedom law' demand
The republication of the
War
Guilt Clause, evacuate all
occupied
areas and declared ministers involved in the Treaty were to be trialed for
treason
What percentage of the population voted in favour of the 'freedom law'?
13.8%
voted in favour
Why was this a particularly pivotal moment for Adolf Hitler?
Enabled Hitler to make a decisive breakthrough as a
national
public figure
Which industries made significant advances in these
years
?
Chemical industry
such as large scale production of
artificial
fertilisers. Car and Aeroplane industries also developed.
Why did employers see compulsory arbitration as unfair?
Employers
felt that the system was
biased
and in favour of unions
Why did the Weimar government feel that it would already made concessions to support workers?
It had already set a maximum of
8 hours
for a working day
What did Stresemann say that Germany was dancing on?
"The economic position is only
flourishing
on the surface. Germany s dancing on a
volcano
"
What was the unemployment figure by March 1926?
Just over
3
million by March
1926
What were small scale riots initiated by the farmers called?
1928
-
Farmers Revenge
The farmers were protesting against foreclosures, what were these?
The taking possession of
mortgaged
property when someone fails repayments
By 1929, German agricultural production had dropped by how much in comparison to pre-war levels?
Was at least more than
3/4
of pre-war levels
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