Recovery of the Weimar Republic 1923-1929
- Created by: Amy
- Created on: 17-02-14 10:52
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- Stresemann & RECOVERY
- in 1923 he created the RETENMARK. This stabilised the currency and there was confidence in it
- in 1924 the retenmark converted into the REICHSMARK which was backed by gold
- This restored the value of germany money
- THE DAWES PLAN 1924
- Reps would be 1 billion marks the first year and increase to 2.5 billion over the next 4 years
- Agreed French would withdraw from the Ruhr
- USA would give loans to Germany
- THE LOCARNO PACT 1925
- Improved relations with BRITAIN, FRANCE, BELGIUM & ITALY
- Restored Germany's prestige and gained co operation. Marked Germany's return to the international scene.
- Agreed to keep existing borders between the countries
- LOCARNO HONEYMOON
- Improved relations with BRITAIN, FRANCE, BELGIUM & ITALY
- 1928 KELLOG BRIAND PACT
- 64 other nations signed to agree that they settle disputes peacefully
- keep armies for self defence
- 1929 YOUNG PLAN
- Set a timescale and reduced reps
- France left Rhineland early
- Overall politics became more stable, unemployment fell, extremist parties were less popular, new roads, railways and homes were built and Germany became a major exporter
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