Stresemann years

Cards (28)

  • Rentenmark introduced Germany
    1923
  • Rentenmark
    Temporary currency introduced to stabilize the German economy
  • How the Rentenmark helped
    1. money printed was controlled
    2. Based on Germany's industrial and agricultural wealth
    3. New independent national bank called the Reichsbank controlled the new currency
  • Rentenmark helped
    • This restored faith in Germany's financial system and allows the economy to grow
    • This allows for the Reichsmark to be introduced in the same year
    • This helped Germany to get back on its feet
  • Rentenmark
    A temporary currency introduced in Germany in 1924 to help stabilize the economy after the collapse
  • The Dawes Plan was introduced
    1924
  • The Dawes Plan was introduced to help Germany with its economic problems
  • The Dawes Plan involved the USA sending $800 million to Germany and lowering reparation payments
  • The Dawes Plan gave the Allies some control over the Reichsbank and the railways in Germany
  • The Dawes Plan was intended to help improve relationships between Germany, France and the UK
  • The Dawes Plan was introduced to prevent missed reparation payments in the future
  • The Young Plan was a plan for Germany to pay less reparations after World War I
  • Young Plan
    • Reduced the total amount of reparations Germany had to pay to 8 billion
    • Payments were to be made over a 59 year period at a rate of 473 million gold marks per year
    • Germany was only obliged to pay a fraction of the annual sum each year if it could not afford the full amount
  • The Young Plan showed that Germany would pay the full amount if it could afford to
  • The Young Plan ultimately came to nothing
  • Locarno pact was a collection of 7 treaties between : Germany, France, Belgium , Italy Czechoslovakia & Poland
  • Germany agreed that Alsace-Lorrian would be french. french agreed to not occupy the ruhr again (locarno pact )
  • avoid military force except self defence (Locarno pact)
  • agreed that Germany's eastern boarders could be settle. Peacefully through the league of nations. (Locarno pact )
  • Locarno pact made Germany seen as equal to other countries lead to significant improvement in relations
  • Help with how Germany is seen through other countries/improve image ( League of Nations)
  • Stresemann persuaded the other countries to allow Germany in the league of nations this means could help in making important decisions
  • League of Nations Helped with germany image. Helps with getting some power / control back
  • The Kellogg Briand pact helped Prevent war in the future
  • The Kellogg-Briand Pact was in 1926
  • The Kellogg-Briand Pact stopped countries (62) from using military force to resolve disagreements
  • The US was not part of the League of Nations, this was a way for it to be involved in making peace (Kellogg)
  • The Kellogg-Briand Pact helped show Germany was not going to start another war