Stresemann

Rentenmark

• The temporary currency after the mark
  • Positive Results 
    • tackled hyperinflation
    • was a trusted currency
    • allowed a new, permanent currency afterwards
  • Negative Results
    • if it failed, government promised to exchange them for shares in Germany land or industry 

The Dawes Plan (1924)

• An agreement between Streseman and the Allies between Germany and Allies
  • Positive Results
    • reduced annual payments
    • America invested money in German's industry
    • Germany resumed reparations
    • France left the Ruhr
    • Germany's economy recovered
  • Negative Results
    • made extremist group angry 
    • economy relied on AMerican loans

The Locarno Pact (1925)

• An agreementwith Britain, France, Italy…