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9161749
Recovery of Germany
Description
The recovery of Germany, 1924-29
No tags specified
history
germany
history
development of dictatorship: germany, 1918-45
igcse
Mind Map by
Eva Something
, updated more than 1 year ago
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Created by
Eva Something
over 7 years ago
26
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Resource summary
Recovery of Germany
Economy
Currency
Temporary Rentenmark 1923
If failed, govt. would exchange notes for shares in German land/industry
Permanent Reichsmark 1924
Confidence rose
Dawes Plan 1924
Plan
American banks invested in indiustry
Annual payments reduced
Effects
French left Ruhr
Germany resumed reparation payments
Manufactured good sales doubled 1923-29
Economy recovered
Young plan 1929
Cut payments from 6.6billion to 2 billion
59 more years to pay
Internationally
Locarno Pact 1925
Britain, France, Italy, Germany
Agreed to keep its borders
Germany treated equal
League of Nations 1926
Germany became member
Germany got place on league's council
Kellogg-Briand Pact 1928
International agreement (65 countries signed)
States promised not to use war
Germany was respectable member of int. community
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