Economic developments in the Golden Age of Weimar 5.0 / 5 based on 1 rating ? HistoryDemocracy and Nazism: Germany 1918-1945The 'Golden Age' of the Weimar Republic, 1924-28ASAQA Created by: theblazingoptimistCreated on: 03-02-16 10:22 Aug. 1923 Cuno govt. collapsed @ height of hyperinfll +replaced by Stresemann coalition 1 of 33 Sept. 1923 Chancellor Gustav Stresemann calls off passive resistance in Ruhr, ↓ govt. spending 2 of 33 Nov. 1923 Stresemann asked the Reparations Commitee to set up board to address Ger/ repayment concerns 3 of 33 Dec. 1923 New Rentenmark currency issued to replace worthless Reichsmark 4 of 33 April 1924 Dawes Plan introduced to ease reparation payments 5 of 33 June 1929 Young Plan introduced to reorganise reparation payments 6 of 33 Oct. 1929 Wall Street Crash → collapsed Ger. economy + mass unemployment 7 of 33 What were cartels? Groups of companies in the same industries that combined to fix prices + protect profits 8 of 33 Who was Hjlmar Schact? Reich Currency Comissioner, 1923-30 9 of 33 Name one benefit of cartels. Allowed more reinvestment of profits 10 of 33 Name one drawback of cartels. ↑ competition 11 of 33 How many cartels were there by 1925? 3000 12 of 33 What are tariffs? Duties/taxes that have to be paid on goods entering a country - makes foreign goods more expensive than native. 13 of 33 What percentage of Germany's coal and steel production were part of cartels? 90% 14 of 33 What parties were part of the Great Coalition? SPD, DDP, DVP, Centre 15 of 33 Why did the USA especially want Germany to restart paying reparations? B/c much of the money given to Fr. was passed onto USA to help repay loans 16 of 33 Give one term of the Dawes Plan Reparations amount should be reduced until 1929 17 of 33 How did Stresemann refer to the Dawes Plan in private? An "economic armistice" 18 of 33 Which political party was the main attacker of the Dawes Plan? DNVP 19 of 33 Why did the DNVP and other groups attack the Dawes Plan? B/c they believed Germany should defy ToV and refuse to pay reparations 20 of 33 Give one benefit of the Dawes Plan. The loans granted were used to pay for new factories, house etc- German economy rebuilt 21 of 33 How did the Dawes Plan affect German industry? Industrial output grew post-1924, but didn't reach pre-war levels until 1929 22 of 33 How may more homes were built in 1925 than in the previous year? 70,000+ 23 of 33 What was one of the reasons why the number of strikes in German industry fell during the Golden Age? New system of compulsory arbitration 24 of 33 What was compulsory arbitration? Compulsory use of an independent figure to solve disputes 25 of 33 Why did employers dislike the system of compulsory arbitration? Felt it was biased in favour of unions, resented state interference 26 of 33 What number of Germans were unemployed by March 1926? 3 million+ 27 of 33 Why did the Mittelstand gain little from the "economic recovery"? Many were still bankrupted from 1923 hyperinflation 28 of 33 Why did farmers not benefit from the "economic recovery"? Worldwide agricultural depression kept food prices low - many farmers unable to profit from land 29 of 33 Give one term of the Young Plan Reparation bill reduced to £1.8 billion, but annual payments increased 30 of 33 Who headed the national campaign against the Young Plan? Alfred Hugenberg of the DNVP 31 of 33 Explain the "freedom law" that Hugenberg wanted to enact Required govt. to reject war guilt clause, demand immediate evacuation of occupied areas, and try any minister supportive of war guilt for treason 32 of 33 What percentage of the electorate voted for the freedom law? 13.8% 33 of 33
2.3) Germany: Political developments and the Working of Democracy, 1924-28. 5.0 / 5 based on 3 ratings
Comments
No comments have yet been made