Stresemann’s new currency, the Rentenmark, was based on the price of 1 gold and backed by German industrial plants and agricultural land. Stresemann and The Dawes Plan temporarily reduced reparations to £100 million a year. economic recovery 2 TRUE OR FALSE? The Young Plan reduced the total reparations debt from £6.6 billion to 3 £2 billion.
The Young Plan gave Germany 89 years to pay these reparations. 4
US banks agreed to give loans to German industry. They loaned $25 5 billion between 1924-1930.
In November 1923, Stresemann set up a new state-owned bank called 6 the Rentenbank. Stresemann’s new currency, the Rentenmark, was based on the price of 1 gold and backed by German industrial plants and agricultural land. Stresemann and The Dawes Plan temporarily reduced reparations to £100 million a year. economic recovery 2 TRUE OR FALSE? The Young Plan reduced the total reparations debt from £6.6 billion to 3 £2 billion.
The Young Plan gave Germany 89 years to pay these reparations. 4
US banks agreed to give loans to German industry. They loaned $25 5 billion between 1924-1930.
In November 1923, Stresemann set up a new state-owned bank called 6 the Rentenbank. Stresemann’s new currency, the Rentenmark, was based on the price of 1 gold and backed by German industrial plants and agricultural land. Stresemann and The Dawes Plan temporarily reduced reparations to £100 million a year. economic recovery 2 $50 million a year. TRUE OR FALSE? The Young Plan reduced the total reparations debt from £6.6 billion to 3 £2 billion.
The Young Plan gave Germany 89 years to pay these reparations. 4 59 years to pay.
US banks agreed to give loans to German industry. They loaned $25 5 billion between 1924-1930.
In November 1923, Stresemann set up a new state-owned bank called 6 the Rentenbank. Title: Weimar Republic – Skill Revision Lesson objectives: Apply your knowledge of the Exam Weimar Republic to exam technique questions. Explain why Germany recovered 1923-1929. Assess how useful sources are All FBV covered in for historical enquiries. the Germany topic so far Kellogg-Briand Pact Dawes Plan
League of Nations
What solutions did Stresemann have for Germany? Young Plan Locarno Pact
New currency This was an organisation that This aimed to get Germany paying involved many of the most In August 1928, Germany and 61 important world powers and it other countries signed the Kellogg- the reparations without destroying was supposed to be a place Briand Pact. All the signing countries the German economy. for countries to peacefully agreed to not use war to achieve Reparation payments were settle their disputes without resorting to war. In September their foreign policy aims. temporarily reduced to £50 million per year. US banks would give 1926, Stresemann was Kellogg-Briand Pact successful in persuading the Dawes Plan loans to German industries and other world powers to allow businesses. In total American Germany to become a member of the League of banks loaned £25 billion to Nations. Germany between 1924-1930
League of Nations What solutions did Stresemann have for Germany? This was a treaty between Britain, France, Belgium, Italy and Germany. Young Plan • Germany formally accepted its 1919 borders, • Repayments were officially agreeing not to Locarno Pact set at £50 million per contest the land that it had lost in Europe New currency year permanently • France agreed not to go • The total amount to to war with Germany New currency developed by the be paid was • Germany agreed to new state owned bank, the permanently demilitarise reduced from £6.6 the Rhineland – To keep it Rentenbank. The currency was very billion to £2 billion free of troops forever. limited and controlled and its value • Germany was given • The five countries agreed was tied to the price of gold and it to begin talks to allow a further 59 years to Germany into the League was backed by the German pay (ending in 1988) of Nations industrial and agricultural sectors. One reason why Germany recovered, 1923-1929 was… Explain why Germany recovered, 1923-1929 I know that… (12 mark practice paragraph)
This meant that…
Also…
This meant that…
Therefore, Germany recovered between 1923- 1929 because… One reason why Germany recovered, 1923-1929 was the Dawes Plan, 1924. Explain why Germany I know that this aimed to get Germany paying back the reparations recovered, 1923-1929 they owed France and Britain without destroying the German economy. Reparations were temporarily reduced (12 mark practice paragraph) to £50 million per year. This meant that if Germany began paying back reparations again, the French troops would leave the Ruhr. Also, once the French troops left the Ruhr, this would help German industry to recover. This meant that industrial output doubled between 1923-1928, with the help of US loans. Therefore, Germany recovered between 1923- 1929 because once Germany started repaying reparations and receiving US loans, industry was able to recover whilst relations with France and Britain could also improve. A second/third reason why Germany recovered, 1923- Explain why Germany 1929 was… recovered, 1923-1929
I know that… (Add 2 more paragraphs to your answer!)
This meant that…
Also…
This meant that…
Therefore, Germany recovered between 1923- 1929 because… How useful is Source A for an enquiry into Germany recovery 1923-1929?