Germany 1918-45 → Recovery (1924-29)

• 1923 became Chancellor
• 1924 became Foreign secretary → was mainly responsible for dawes plan and other success abroad
• 1929 → died 
• he gained the support of the people by bringing success

• Sep 1923 → Stresemann became Chancellor 

Economic recovery + 'Golden Age'

• introduction of the Retenmark → replaced worthless mark, printing of the currency was strict
• Dawes Plan 1924 → Germany started paying reparations again so the USA agreed to lend Germany 800 million marks→ this was used to build factories to produce jobs and goods
• 1925 → French and Belgian troops left the Ruhr
• 1929→ Young plan reduced reparations by over 67 percent
• 1928→ industrial production had improved on WW1 levels → 1930 Germany one of leading exporters of manufactured goods
• In most towns there were factories and public facilities→ new roads and railways were built and 3 million homes were built

Foreign secretary Strsemann was responsible for several successes in foreign policy

• 1925→Lorcarno Treaties with Britain France and Italy; guaranteed Germanys frontiers with France and Italy
• 1926→joined the Leauge of Nations; given a permanent seat and was seen as a great power
• 1928→Kellog-Briand Pact along with 64 other nations; agreed to keep their armies for self defence but to try and find a peaceful way