The recovery of the republic Flashcards
When did Stresemann come to power?
August 1923
What was Stresemann’s first move to help recover the republic?
Introduce a new currency - RENTENMARK
When did Stresemann introduce a new currency?
November 1923
How did the new currency help with the recovery of the republic?
- Stabilised the currency
- German people showed confidence in it
- Gradually restored the value of German money
What was the Dawes plan and when was it negotiated?
1924: Reorganised and reduced reparations so that Germany could afford to pay them
What was Germany reliant on for it’s recovery and how did it help?
US loans: Helped German industry and the paying of reparations
When was the Locarno pact agreed and what was it?
1925: Agreement on borders, no crossing or invasion - French come out of the Ruhr
When did Stresemann negotiate Germany’s entry to the league of nations and why was it significant?
1925: It meant that Germany was recognised as a great power once again
When was the Kellog-Briand pact and what was it?
1928: Countries settled their disputes and agreed not to go to war again.
When was the young plan and what did it do?
1929: Reduced reparations
