Youtor
192329 Stresemanns Strategy GCSE History Revision Weimar amp Nazi Germany
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=gYc8fX527PQ
It's 1923, hyperinflation is rampant in Weimar Germany and support for extremists is rapidly growing. The Weimar government need to do something or they risk being overthrown in a violent revolution. Luckily for the government, Gustav Stresemann, a leading German politician, steps up to the mark. • #GCSEHistory #GCSERevision #WeimarGermany • PATREON: / alonglongtimeago • **---Useful resources---** • Quizlet Flashcards: https://quizlet.com/_6cnt50 • Practice exam-style questions: • Explain why support for moderate parties increased between 1923 and 1929. (12 marks) • LINK FOR OTHER QUESTIONS (INCLUDING SOURCE INTERPRETATIONS QUESTIONS): https://quizlet.com/_6cqa3d • Revision Notes: • Aug 1923, Ebert appointed Gustav Stresemann as his new chancellor and foreign secretary • Nov 1923, Stresemann resigned as chancellor but remained foreign secretary • Stresemann hoped that stabilising the economy and regaining respect for Germany in foreign affairs would make Germans feel more content about the Weimar Republic • This, he hoped, would increase support for moderate parties, whilst reducing support for extremists • REASONS FOR ECONOMIC RECOVERY: • Rentenmark: • Nov 1923, Stresemann set up a new state-owned bank, called the Rentenbank • This bank issued a new currency: the Rentenmark • The supply of Rentenmark notes was strictly limited and their value was tied to the price of gold • The Rentenmark was backed by German industrial plants and agricultural land • This meant the Rentenmark had real value • Aug 1924, the control of the new currency was given to the Reichsbank, a newly-independent, national bank. • The currency was renamed the Reichsmark and was backed by Germany’s gold reserves • This allowed people to trust German money again and brought an end to hyperinflation • The Dawes Plan, 1924: • Charles G Dawes was an American Banker, asked by the allies to resolve Germany’s non-payment of reparations • Apr 1924, Stresemann agreed to the Dawes Plan • Reparations were temporarily reduced to £50 million per year • US banks gave loans to German industry • US banks gave loans of $25 billion between 1924 and 1930 • Stresemann had called off passive resistance to the French occupation of the Ruhr, resultantly, the French agreed to leave • The German economy began to recover, benefitting workers and the middle-class • Industrial output doubled between 1923 and 1928 • Employment, trade and income from taxation increased • The German people were reassured the Republic strengthened • Extremists were furious at Germany agreeing to pay reparations again • The economic recovery of Germany now depended upon American loans • The Young Plan, 1929: • Plan put forward by a committee, headed by American Banker, Owen Young • The reparations debt was reduced from £6.6 billion to £2 billion • Germany was given a further 59 years to pay off the debt • Annual payments were still £50 million a year • The debt now stretched out until 1988 • Lower reparations meant lower taxes for the German people • This meant public spending power was released, boosting the economy and therefore employment • The French agreed to leave the Rhineland in 1930 • 1929, a referendum saw 35 million Germans in favour of the Young Plan (around 85% of voters) • RECOVERY IN FOREIGN RELATIONS • The Locarno Pact, 1925: • 1st Dec 1925, a treaty was signed between Germany, Britain, France, Italy and Belgium • It was agreed on equal terms with Germany, rather than imposed • Germany accepted its new, 1919, border with France and France promised peace with Germany • The Rhineland was to be permanently demilitarised • The five powers agreed to open talks with Germany about joining the league of nations • It made war in Europe less likely, thus Stresemann won the Nobel Peace Prize in 1926 • Germany was treated as an equal, which boosted German confidence in moderate parties and the Weimar government • FOR FULL NOTES FOLLOW LINK: https://quizlet.com/_59lgnv • IMAGE ATTRIBUTIONS • Thumbnail: • Blick vom Casino Hohensyburg by qwesy qwesy, licensed under CC-BY 3.0 • Source: https://web.archive.org/web/201610201... • Licence: https://creativecommons.org/licenses/... • Author's Page: https://web.archive.org/web/201610201... • This image has had been grey-scaled, blurred and had the contrast adjusted • SOURCES: • John Child, 'Edexcel GCSE (9-1) History Weimar and Nazi Germany, 1918-1939 (EDEXCEL GCSE HISTORY (9-1))' (Pearson, 2016) [ISBN: 9781292127347] • It's a GCSE textbook, please don't use it for any serious academic writing! • **---Social Media---** • Twitter: / alongtimeago_yt || @alongtimeago_YT • / alonglongtimeago || @alonglongtimeago • / alongtimeagoyt
#############################
