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6997258
Stresemann
Description
Year 11 History Mind Map on Stresemann, created by Jodi Burke on 15/11/2016.
No tags specified
history
year 11
Mind Map by
Jodi Burke
, updated more than 1 year ago
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Created by
Jodi Burke
about 8 years ago
13
1
1
Resource summary
Stresemann
Young plan
Reduced reparation payments further
Germany could join the League of Nations
Germany's relationships with the Allies improved as they showed their co-operation
Dawes Plan
USA gave them loans of 800 million gold marks
These loans allowed Germany to get back on their feet and pay off reparations
Germany paid less monthly but over a longer period of time
Economic Prosperity
After recovering from the crisis in 1923, American banks were willing to loan Germany vast sums of money
This money meant Germany could build over 3 million new homes, new roads and railways were built
Political stability
The extremist parties did badly as Germans liked the way things were
9th of November 1923 Hitler organised a Munich Putsch, the army and police supported Stresemann
Hitler wanted the Germans to support him but they were happy enough with how Stresemann had fixed Germany
Promised to pay Reparations/stopped Passive resistance
When German people started to work again Germany were able to make money agaim
The Belgians and French stopped the invasion of the Ruhr
Germany was going bankrupt due to passive resistance in the Ruhr
The allies were able to negotiate about reparation payments
New currency
German mark destroyed due to hyperinflation
Introduced a new currency called Rentenmark
People then gained confidence in the currency
Prices returned to normal
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