streseman era

• how did Stresemann deal with hyperinflation?

  -stopped printing of bank notes and introduced retenmark
• what was the dawes plan?


  -agreement between us and germany which helped solve Germanys economic problems because of reparations
• when was the dawes plan made?

  oct 1924
• why was the dawes plan made?

  -to solve Germanys problems paying reparations because of economic problems
• what was agreed in the dawes plan?

  -temporary reduction in annual reparation payment to 50 mill

  -us banks gave 800 million in loans to german businesses/banks

  -german state bank was reorganised and supervised by allies
• what were the benefits of the dawes plan?


  -weimar republic became stronger and economy improved

  -industrial output increased by 50 percent in 5 years

  -ruhr occupation ended
• what were the downsides of the dawes plan?

  -economy depended on us loans

  
  

  -extreme left wing/right parties were angry germany still had to pay reparations at all
• when was the young plan signed?

  1929
• what was agreed in the young plan?

  -reparations reduced from 6.6 billion to 2 billion

  -germany would have 59 years to pay reparations
• what were the positives of the young plan?

  helped to recover economy

  gov could lower taxes
• what were the cons of the young plan?

  -reparation bill still very high

  -extreme parties furious that reparations still had to be payed
• when did germany join the league of nations?

  September 1926
• what were the benefits of germany joining league of nations?


  -germany accepted as member of international community again

  -improved publics' confidence in gov
• what were the cons of germany joining the league of nations?


  -some parties disagreed and saw it as a symbol of the treaty of versailles