Treaty of Versailles - reparations - unable to pay - occupation of Ruhr - passive resistance - government print money - money becomes less valuable by printing more and more money - prices and wages increase - hyperinflation - money is worth nothing
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Stresemann years 1924-1929
Stresemann puts Germany back on their feet by solving hyperinflation with the Daws and Young Plan a system by taking loans from America and paying reparations
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Hitler 1924-1929
Hitler comes out of prison, wants to get power democratically not by force, enlarged SA, set up the **, made Joesph Goeballs as his propaganda man
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What happened in 1929?
Stresmann dies. Wall Street Crash occurred where many Americans were putting money on shares and tariffs and stock markets were in mass production this lead to the Great Depression.
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Wall Street Crash effect on Germany
America wanted their money back form Stresmann's young and Daws plan for paying reparations. Germany didn't have the money. Germany had no one to turn to
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Other cards in this set
Card 2
Front
Stresemann years 1924-1929
Back
Stresemann puts Germany back on their feet by solving hyperinflation with the Daws and Young Plan a system by taking loans from America and paying reparations
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