2053985
Beschreibung
Mindmap von Hellothereworld, aktualisiert more than 1 year ago
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Erstellt von Hellothereworld
vor fast 10 Jahre
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Stresemann
- Hyperinflation
- Replaced old Currency with the Reutenmark
- Old currency recalled and burned
- Pros
- New currency is accepted quickly
- Inflation is brought under control
- New currency is accepted quickly
- Cons
- People didn't forget the disaster
- People who lost savings were not compensated
- People didn't forget the disaster
- Old currency recalled and burned
- Replaced old Currency with the Reutenmark
- French occupation of the Ruhr
- Called off passive resistance
- Hadn't forced French to leave
- Caused economic problems
- Pros
- The French left the Ruhr
- The French left the Ruhr
- Cons
- Unpopular especially with right wing extremists
- Giving in to French
- 'Weak' Government
- 'Weak' Government
- Giving in to French
- Unpopular especially with right wing extremists
- Hadn't forced French to leave
- Promised to keep up payments
- Called off passive resistance
- Improving trust with other nations
- Decides to co-operate with other countries in Europe
- Pros
- 1925 - Locarno pact with Britain, France Belgiun, Italy
- 1926 - League of Nations given 'great powers' status so had a say in major decisionns
- 1926 - Stresemann awarded Nobel Peace Prize
- 1925 - Locarno pact with Britain, France Belgiun, Italy
- Cons
- Stresemann is 'giving in' to France again
- Agreeing with Treaty of V.
- Not trying to regain territory by force
- Agreeing with Treaty of V.
- Stresemann is 'giving in' to France again
- Pros
- Decides to co-operate with other countries in Europe
- Reparations
- Promises to pay and hopes the Allies reduce the payment
- Pros
- Dawes Plan (1924) gave Germany longer to pay reparations
- Young Plan (1929) lowers the total from 132,000 million marks to 37,000 million marks
- Dawes Plan (1924) gave Germany longer to pay reparations
- Cons
- Germans feel they shouldn't be paying at all
- Will still be paying until 1988 even with the Young plan!
- Germans feel they shouldn't be paying at all
- Pros
- Promises to pay and hopes the Allies reduce the payment
- Rebuilding the economy
- Organises big loans from the USA as part of the Dawes Plan
- Pros
- Pensions and Wages Rise
- US firms set up factories in Germany
- Loans are given to private German firms
- German government improves housing, hospitals, schools and roads
- Pensions and Wages Rise
- Cons
- German economy depends on the US
- Wages didn't rise for everyone
- Farmers stay poor because food prices are low
- Farmers stay poor because food prices are low
- Unemployment never fell below 1 million
- Rises from 1928
- Rises from 1928
- Rich people have to pay more tax
- Complain the money is spent on poor
- Complain the money is spent on poor
- German economy depends on the US
- Pros
- Organises big loans from the USA as part of the Dawes Plan
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