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Chapter 2: The recovery of Germany, 1924-1929
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Gustav Stresemann became chancellor in ______.
1923
Stresemann was chancellor for just ___ _________ before becoming foreign ____________.
4 months. Secretary.
Stresemann led the...
Great Coalition government
In ____________ ______, Stresemann introduced the Rentenmark.
November 1923
The Rentenmark was the _____________ currency used to __________ Germany after hyperinflation.
Temporary. Stabilise.
Reichsbank was the new...
National bank, set up to build confidence in Germany's financial system.
What was the Reichsmark
The new permanent currency that replaced the Rentenmark in 1924.
Stresemann believed the ___________ needed to be solved for Germany to recover.
Reparations
Stresemann argued that Germany should _______ the TOV in order to __________ foreign relations.
Accept. Improve.
The allies would benefit from the ______________ and if Germany was able to become a strong ________ partner.
Reparations. Trading.
In 1923 the USA sent _________ _______ to help resolve its economic problems.
Charles Dawes.
In ______ the _______ plan was agreed between Germany and the Allies.
1924. Dawes.
(DP) USA loaned Germany ______ __________ gold marks. This gave a massive _______ to the German economy.
800 million. Boost.
(DP) Reparation payments were _________ for the first __ _______ to make them more __________.
Lowered. First five years. Affordable.
(DP) The French agreed to __________ troops from the ______.
Withdraw. Ruhr.
The Dawes plan helped to ________ German economy and led to further ______ from the USA. This money allowed the German industry to ________.
Restore. Loans. Recover.
(DP: effects) By ______ news laws were introduced to claim __________________ ____________.
1927. Unemployment benefit.
The recovery was largely based on...
American loans.
French left the Ruhr in ________ ______.
June 1930
Young plan in ______.
1929
Young plan: total reparations bill was reduced to _ billion, payable over ____ years.
8 billion. 59 years.
German economy crashed in _____. When the Wall Street crash hit USA, who then could not afford to pay _____ to Germany.
1929. Loans.
Stresemann improved Germany's ____________ relations.
International
The Lorcano pact in ....
1925
Lorcano pact: Germany agreed to accept its ___________ _________. Germany agreed that Alsace-Lorraine would be French, France agreed to not to occupy the Ruhr anymore. All parties agreed that Germany's eastern borders could be settled by ____________ _______.
Western borders. Peaceful means.
The Lorcano pact made the other countries view Germany as an ______. It massively improved Germany's international relations and the period 1925-29 is sometimes called the ___________ __________.
Equal. Lorcano honeymoon.
In ___________ ______, Stresemann persuaded the other great powers to allow Germany to join the League of Nations.
September 1926
Germany joining the League of Nations greatly increased many citizens' faith in the ________ __________.
Weimar Republic
Kellog-Brian's pact signed in _____.
1928
What was the Kellog-Briand pact?
62 countries signed it. A policy that attempted to prevent future war. Countries agreed not to use war to settle disagreements.
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