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The Work of Stresemann
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Stresemann Gustav Stresemann was chancellor of the Weimar government from august 1923 - November 1923. From November 1923 to his death he was the foreign minister. Stresemann tried to solve many of Germanys problems while he was chancellor, he created new rules and policies which all had positive and negative results. Hyperinflation Stresemann decided to introduce a new currency to replace the old. Marks were burnt and rentenmark were printed. 1 rentenmark was worth 1000 marks. Positive result - they had got control of the inflation Negative - people's savings were never compensated and felt cheated by the government. French occupation of the Ruhr Stresemann stopped the passive resistance but created many economic problems. Positive the soldiers left the Ruhr Negative - unpopular policy created opposition from right wind extremists. People claimed it was a sign of a weak government. Germany not trusted by other countries Stresemann decided to cooperate with other countries. Positive - he signed the Locarno pact (treaties with Britain, France, Belgium and Italy). In 1926, Germany joined the league of nations and Stresemann was given a Nobel Peace Prize. Negative - some thought Stresemann was weak for not gaining any land back and some thought he should have rebuilt the army. Germany facing massive reparations Stresemann promised to pay the reparations. Positive - the way Germany had to pay was changed and they...
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Alternative transcript:
were given longer to pay and the amount was lowered. Negative the Dawes plan to not reduce the amount of money and the Young plan was hated. Germany needing to rebuild the economy Stresemann organised loans from USA. Positive - Germany was able to improve housing, hospitals, schools, roads, pensions and wages. Negative - the German economy was dependent on the us economy. Wages did not improve for everyone. People had to pay higher taxes and complained the government was spending too much money on the poor and unemployed. The Dawes plan What? It was a plan to set a new, more realistic target for paying the reparations. When? The plan was agreed in September 1924. Length of payment? The reparations were reduced to 50 million marks a year for 5 years and then 125 million marks per year after. Change? The plan recommended the German National Bank should be reorganised. Loans: Germany should receive an international loan. The loan was for 800 million gold marks. The Young Plan: What? It was a plan to reduce the total amount of reparations by 20%. When? The plan was agreed in January 1930. Length of payment? Germany had to pay 2 billion marks a year, two thirds of which could be postponed if necessary. The plan would last 59 years and end in 1988. Loans: US banks would continue to loan Germanys money.
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Stresemann Gustav Stresemann was chancellor of the Weimar government from august 1923 - November 1923. From November 1923 to his death he was the foreign minister. Stresemann tried to solve many of Germanys problems while he was chancellor, he created new rules and policies which all had positive and negative results. Hyperinflation Stresemann decided to introduce a new currency to replace the old. Marks were burnt and rentenmark were printed. 1 rentenmark was worth 1000 marks. Positive result - they had got control of the inflation Negative - people's savings were never compensated and felt cheated by the government. French occupation of the Ruhr Stresemann stopped the passive resistance but created many economic problems. Positive the soldiers left the Ruhr Negative - unpopular policy created opposition from right wind extremists. People claimed it was a sign of a weak government. Germany not trusted by other countries Stresemann decided to cooperate with other countries. Positive - he signed the Locarno pact (treaties with Britain, France, Belgium and Italy). In 1926, Germany joined the league of nations and Stresemann was given a Nobel Peace Prize. Negative - some thought Stresemann was weak for not gaining any land back and some thought he should have rebuilt the army. Germany facing massive reparations Stresemann promised to pay the reparations. Positive - the way Germany had to pay was changed and they...
Stresemann Gustav Stresemann was chancellor of the Weimar government from august 1923 - November 1923. From November 1923 to his death he was the foreign minister. Stresemann tried to solve many of Germanys problems while he was chancellor, he created new rules and policies which all had positive and negative results. Hyperinflation Stresemann decided to introduce a new currency to replace the old. Marks were burnt and rentenmark were printed. 1 rentenmark was worth 1000 marks. Positive result - they had got control of the inflation Negative - people's savings were never compensated and felt cheated by the government. French occupation of the Ruhr Stresemann stopped the passive resistance but created many economic problems. Positive the soldiers left the Ruhr Negative - unpopular policy created opposition from right wind extremists. People claimed it was a sign of a weak government. Germany not trusted by other countries Stresemann decided to cooperate with other countries. Positive - he signed the Locarno pact (treaties with Britain, France, Belgium and Italy). In 1926, Germany joined the league of nations and Stresemann was given a Nobel Peace Prize. Negative - some thought Stresemann was weak for not gaining any land back and some thought he should have rebuilt the army. Germany facing massive reparations Stresemann promised to pay the reparations. Positive - the way Germany had to pay was changed and they...
Can't find what you're looking for? Explore other subjects.
Knowunity is the # 1 ranked education app in five European countries
Knowunity was a featured story by Apple and has consistently topped the app store charts within the education category in Germany, Italy, Poland, Switzerland and United Kingdom. Join Knowunity today and help millions of students around the world.
Still not sure? Look at what your fellow peers are saying...
iOS User
I love this app so much [...] I recommend Knowunity to everyone!!! I went from a C to an A with it :D
Stefan S, iOS User
The application is very simple and well designed. So far I have found what I was looking for :D
SuSSan, iOS User
Love this App ❤️, I use it basically all the time whenever I'm studying
Alternative transcript:
were given longer to pay and the amount was lowered. Negative the Dawes plan to not reduce the amount of money and the Young plan was hated. Germany needing to rebuild the economy Stresemann organised loans from USA. Positive - Germany was able to improve housing, hospitals, schools, roads, pensions and wages. Negative - the German economy was dependent on the us economy. Wages did not improve for everyone. People had to pay higher taxes and complained the government was spending too much money on the poor and unemployed. The Dawes plan What? It was a plan to set a new, more realistic target for paying the reparations. When? The plan was agreed in September 1924. Length of payment? The reparations were reduced to 50 million marks a year for 5 years and then 125 million marks per year after. Change? The plan recommended the German National Bank should be reorganised. Loans: Germany should receive an international loan. The loan was for 800 million gold marks. The Young Plan: What? It was a plan to reduce the total amount of reparations by 20%. When? The plan was agreed in January 1930. Length of payment? Germany had to pay 2 billion marks a year, two thirds of which could be postponed if necessary. The plan would last 59 years and end in 1988. Loans: US banks would continue to loan Germanys money.