1.2.1
Economic Developments
Stresemann and the Dawes Plan
Stresemann and the Dawes Plan
Gustav Stresemann was German chancellor from 1923 to 1924 and later became the Foreign Minister. He helped improve the German economy through ending hyperinflation and negotiating deals to help Germany pay reparations.
Stabilising the currency
Stabilising the currency
- The interim Rentenmark, which Stresemann had introduced to deal with hyperinflation, was replaced by the Reichsmark in 1924. Inflation was controlled by limiting the money supply and keeping interest rates quite high.
The Dawes Plan
The Dawes Plan
- As foreign minister, Stresemann negotiated a financial deal with Charles Dawes from the United States of America.
- Reparations would be 1,000 million marks, after five years it would rise the 2,500 million, and then at a varying levels according to Germany’s economic performance.
- The allies maintained control of the railways, the Reichsbank and customs duties.
- Germany was given an 800 million mark loan from the American banks to help stabilise the currency after the hyperinflation of 1923.
Domestic hostility to the Dawes Plan
Domestic hostility to the Dawes Plan
- The German right wing were against war guilt and reparations. From their point of view, the Dawes Plan achieved nothing.
Other economic agreements
Other economic agreements
- The German economy was also being helped by international economic agreements. These included:
- Franco-German agreements on potash and aluminium.
- European cooperation on raw materials production.
Reparations and the Young Plan
Reparations and the Young Plan
The Young Plan, written in 1929 and adopted in 1930, reduced the amount of reparations Germany had to pay to the Allies.
Motive behind the Young Plan
Motive behind the Young Plan
- It became apparent that Germany was unwilling to pay the amount of reparations laid out in the Treaty of Versailles.
- Whilst the Dawes Plan had helped Germany, it was not a permanent solution.
Terms of the Young Plan
Terms of the Young Plan
- The Young Plan reduced the amount of reparations by 20%.
- In theory, the reparations would continue until 1988.
The Wall Street Crash
The Wall Street Crash
- But the Young Plan could not come to fruition because of the Wall Street Crash in 1929.
- This meant that the money which supported the plan was recalled.
1The Weimar Republic 1918-1933
1.1Establishment Of The Weimar Republic 1918-1924
1.1.1Post WW1
1.1.2Weimar Constitution
1.1.3Peace Settlement
1.1.4End of Topic Test - Germany Post WW1
1.1.5Economic Issues
1.1.6Economic Issues 2
1.1.7Social Issues
1.1.8End of Topic Test - Economic & Social Issues
1.1.9Extremist Threats
1.1.10Extremist Threats 2
1.1.11End of Topic Test - Extremist Threats
1.1.12Political Instability & The Invasion of the Ruhr
1.1.13Weimar Government by 1924
1.1.14End of Topic Test - Weimar Government by 1924
1.1.15A-A* (AO3/4) - Germany Post WW1
1.2The 'Golden Age' Of The Weimar Republic 1924-1928
1.2.1Economic Developments
1.2.2Industry & Agriculture
1.2.3End of Topic Test - Economic Developments
1.2.4Social Developments
1.2.5Social Developments 2
1.2.6End of Topic Test - Social Developments
1.2.7Political Parties
1.2.8Political Stability
1.2.9End of Topic Test - Weimar Politics
1.2.10Germany's International Position
1.2.11Germany's International Position 2
1.2.12End of Topic Test - International Position
1.2.13A-A* (AO3/4) - The Weimar 'Golden Age'
1.3The Collapse of Democracy 1928-1933
1.3.1The Impact Of The Depression
1.3.2Politics After The Depression
1.3.3The Appeal Of Extremism
1.3.4End of Topic Test - The Depression & Politics
1.3.5'Backstairs Intrigue'
1.3.6'Backstairs Intrigue' 2
1.3.7End of Topic Test - Backstairs Intrigue
1.3.8Political Developments
1.3.9The State by March 1933
1.3.10End of Topic Test - Political Developments
1.3.11A-A* (AO3/4) - The Collapse of Democracy
2Nazi Germany 1933-1945
2.1The Nazi Dictatorship 1933-1939
2.1.1Hitler's Consolidation Of Power
2.1.2The Terror State
2.1.3End of Topic Test - Consolidation of Power
2.1.4Opposition
2.1.5Propaganda
2.1.6A-A* (AO3/4) - Terror State & Propaganda
2.1.7End of Topic Test - Propaganda
2.1.8Economic Policies
2.1.9Economic Policies 2
2.1.10Impact Of Economic Policies
2.1.11Impact Of Economic Policies 2
2.1.12End of Topic Test - Economic Policies
2.1.13Social Policies
2.1.14Social Policies 2
2.1.15Volksgemeinschaft
2.1.16End of Topic Test - Social Policies
2.1.17A-A* (AO3/4) - Economic & Social Policies
2.2The Racial State 1933-1941
2.2.1The Radicalisation Of The State
2.2.2Anti-Semitism
2.2.3Development Of Anti-Semitic Policies
2.2.4Development Of Anti-Semitic Policies 2
2.2.5End of Topic Test - Anti-Semitism
2.2.6Treatment of the Jews in the Early Years of War
2.2.7Deportation & Anti-Semitism Evaluation
2.2.8End of Topic Test - Early Treatment of the Jews
2.2.9A-A* (AO3/4) - The Racial State
2.3The Impact Of War 1939-1945
2.3.1Home Front
2.3.2Impact On Society
2.3.3Impact On Society 2
2.3.4End of Topic Test - Impact of the War
2.3.5War Economy
2.3.6War Economy 2
2.3.7Policies Towards The Jews & Untermenschen
2.3.8A-A* (AO3/4) - Impact of the War
2.3.9End of Topic Test - War Economy
2.3.10Opposition
2.3.11Opposition 2
2.3.12Nazi State by 1945
2.3.13End of Topic Test - Opposition
2.3.14A-A* (AO3/4) - Opposition & The State in 1945
Jump to other topics
1The Weimar Republic 1918-1933
1.1Establishment Of The Weimar Republic 1918-1924
1.1.1Post WW1
1.1.2Weimar Constitution
1.1.3Peace Settlement
1.1.4End of Topic Test - Germany Post WW1
1.1.5Economic Issues
1.1.6Economic Issues 2
1.1.7Social Issues
1.1.8End of Topic Test - Economic & Social Issues
1.1.9Extremist Threats
1.1.10Extremist Threats 2
1.1.11End of Topic Test - Extremist Threats
1.1.12Political Instability & The Invasion of the Ruhr
1.1.13Weimar Government by 1924
1.1.14End of Topic Test - Weimar Government by 1924
1.1.15A-A* (AO3/4) - Germany Post WW1
1.2The 'Golden Age' Of The Weimar Republic 1924-1928
1.2.1Economic Developments
1.2.2Industry & Agriculture
1.2.3End of Topic Test - Economic Developments
1.2.4Social Developments
1.2.5Social Developments 2
1.2.6End of Topic Test - Social Developments
1.2.7Political Parties
1.2.8Political Stability
1.2.9End of Topic Test - Weimar Politics
1.2.10Germany's International Position
1.2.11Germany's International Position 2
1.2.12End of Topic Test - International Position
1.2.13A-A* (AO3/4) - The Weimar 'Golden Age'
1.3The Collapse of Democracy 1928-1933
1.3.1The Impact Of The Depression
1.3.2Politics After The Depression
1.3.3The Appeal Of Extremism
1.3.4End of Topic Test - The Depression & Politics
1.3.5'Backstairs Intrigue'
1.3.6'Backstairs Intrigue' 2
1.3.7End of Topic Test - Backstairs Intrigue
1.3.8Political Developments
1.3.9The State by March 1933
1.3.10End of Topic Test - Political Developments
1.3.11A-A* (AO3/4) - The Collapse of Democracy
2Nazi Germany 1933-1945
2.1The Nazi Dictatorship 1933-1939
2.1.1Hitler's Consolidation Of Power
2.1.2The Terror State
2.1.3End of Topic Test - Consolidation of Power
2.1.4Opposition
2.1.5Propaganda
2.1.6A-A* (AO3/4) - Terror State & Propaganda
2.1.7End of Topic Test - Propaganda
2.1.8Economic Policies
2.1.9Economic Policies 2
2.1.10Impact Of Economic Policies
2.1.11Impact Of Economic Policies 2
2.1.12End of Topic Test - Economic Policies
2.1.13Social Policies
2.1.14Social Policies 2
2.1.15Volksgemeinschaft
2.1.16End of Topic Test - Social Policies
2.1.17A-A* (AO3/4) - Economic & Social Policies
2.2The Racial State 1933-1941
2.2.1The Radicalisation Of The State
2.2.2Anti-Semitism
2.2.3Development Of Anti-Semitic Policies
2.2.4Development Of Anti-Semitic Policies 2
2.2.5End of Topic Test - Anti-Semitism
2.2.6Treatment of the Jews in the Early Years of War
2.2.7Deportation & Anti-Semitism Evaluation
2.2.8End of Topic Test - Early Treatment of the Jews
2.2.9A-A* (AO3/4) - The Racial State
2.3The Impact Of War 1939-1945
2.3.1Home Front
2.3.2Impact On Society
2.3.3Impact On Society 2
2.3.4End of Topic Test - Impact of the War
2.3.5War Economy
2.3.6War Economy 2
2.3.7Policies Towards The Jews & Untermenschen
2.3.8A-A* (AO3/4) - Impact of the War
2.3.9End of Topic Test - War Economy
2.3.10Opposition
2.3.11Opposition 2
2.3.12Nazi State by 1945
2.3.13End of Topic Test - Opposition
2.3.14A-A* (AO3/4) - Opposition & The State in 1945
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