Recovery of the Weimar Republic - Five Golden Years; Stresemann
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- Created on: 06-12-14 21:21
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- Recovery of the Weimar Republic - Five Golden Years; Stresemann
- Hyperinflation
- Solutions: He introduced a new currency, the Rentenmark. This was accepted by the German people and this brought inflation under control
- However... People who had savings did not get them back and blamed the Weimar Republic.
- Solutions: He introduced a new currency, the Rentenmark. This was accepted by the German people and this brought inflation under control
- Invasion of the Ruhr
- Solutions: Stresemann called of passive resistance and promised to pay reparations - the French left the Ruhr and industries started production
- Some Germans thought that this was weak and Stresemann had given into the French
- Solutions: Stresemann called of passive resistance and promised to pay reparations - the French left the Ruhr and industries started production
- Germany was not trusted by other countries
- Solutions... Stresemann signed the Locarno Pact which ensured that Britain, France, Belgium and Germany promised not to invade each other. The League of Nations gave Germany a say in major decisions
- However... Some Germans thought it was weak to agree to this pact
- Solutions... Stresemann signed the Locarno Pact which ensured that Britain, France, Belgium and Germany promised not to invade each other. The League of Nations gave Germany a say in major decisions
- Reperations
- Solutions... Stresemann promised to pay reparations. The Dawes planned tryed to extend the time for the reparations to be paid. The Young Plan reduced the payment to £31,000 million
- However... Many Germans thought any reparations should be paid - the extension could lead to Germany being in debt till the 1980s
- Solutions... Stresemann promised to pay reparations. The Dawes planned tryed to extend the time for the reparations to be paid. The Young Plan reduced the payment to £31,000 million
- Need to rebuild German economy
- Solutions... Stresemann asked the Usa for loans in order to rebuild the German economy. Many us firms set up factories in Germany - They set up labour exchanges, unemployment pay and built 3 million homes - helped the poor and unemployed
- However... the economy was dependent on the USA. Wages did not rise for all workers; farmers lost out. Unemployment was still high. Rich people had to pay higher taxes
- Solutions... Stresemann asked the Usa for loans in order to rebuild the German economy. Many us firms set up factories in Germany - They set up labour exchanges, unemployment pay and built 3 million homes - helped the poor and unemployed
- Political Stability
- Solutions... Stresemann formed a coalition with other moderate parties - the Reichstag could govern efficiently
- The coalition depended on Stresemann
- Solutions... Stresemann formed a coalition with other moderate parties - the Reichstag could govern efficiently
- Hyperinflation
- Hyperinflation
- Solutions: He introduced a new currency, the Rentenmark. This was accepted by the German people and this brought inflation under control
- However... People who had savings did not get them back and blamed the Weimar Republic.
- Solutions: He introduced a new currency, the Rentenmark. This was accepted by the German people and this brought inflation under control
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