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economic recovery
german economic recovery post 1923, Stresemann etc
| Question | Answer |
|---|---|
| when was Gustav Stresemann appointed chancellor | August 1923 |
| was Stresemann loyal to the Weimar republic | no |
| did Stresemann support the treaty of versailles | no |
| which party did Stresemann found | German people's party (DVP) |
| which party did Stresemann's DVP form a coalition with | democratic socialists (SPD) |
| when did Stresemann stop being chancellor | November 1923 |
| Stresemann's role as foreign minister was more impactful than that of his role as chancellor | yes |
| what 2 things did Stresemann agree with France in September 1923 RE the ruhr | reparation payments would resume, france would look into problems facing German economy |
| when was the Rentenmark established | November 1923 |
| what was the Rentenmark | replacement for the mark |
| what policy ensured the rentenmark would not lead to hyperinflation again | its printing was strictly limited |
| what two cuts did Stresemann make to balance the german govs budget | 700,000 civil servants were sacked, financial support for the Rhuhr workers stopped |
| what was Hjalmar Schacht appointed as by Stresemann in 1923 | special currency commissioner |
| what was Hjalmar Schacht's role as special currency commissioner | replace the old mark with the new Rentenmark |
| how did germany's economic recovery affect extremist parties like the nazis | their support lessened |
| the nazi party won 32 seats in elections in 1924, how many seats did it win in 1928 | 12 |
| what financial plan was introduced for germany in 1924 | Dawes plan |
| name 3 policies included in the Dawe's plan | USA would loan germany 800 million marks, total of reparations was reduced, germany got more time to pay reparations |
| what financial plan was introduced for germany in 1929 | Young plan |
| name two policies introduced by the young plan | reparations were reduced to 25 percent of £6600 million, repayment period was lengthened to 58 years |
| how many new houses were built between 1924 and 1931 | 2 million |
| how much of pre-war levels had steel production recovered by 1927 | 86 percent |
| what were two flaws in germany's economic recovery | german economy was reliant on US loans, German budget remained in deficit |
| why was the german government 's budget still in a deficit post 1924 | unemployment was 1 million so welfare spending was high |
Created by:
georgieN007
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