Скачать с ютуб 1923-29: Stresemann's Strategy | GCSE History Revision | Weimar & Nazi Germany в хорошем качестве

1923-29: Stresemann's Strategy | GCSE History Revision | Weimar & Nazi Germany

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