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Mnemonic Learning Ii   Stresemann Recovery
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Mnemonic Learning Ii Stresemann Recovery

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  • 1. Mnemonic Learning II Recovery under Stresemann Weimar Germany
  • 2. DIFFERS  D – Dawes & Young Plans  I – Introducing new currency  F – French Leave Ruhr  F – Foreign affairs  E – Economic stability  R – Reforms  S – Strength of Centre
  • 3. D – Dawes plan  Stresemann called off the 1923 Ruhr strike and started to pay reparations again – but the American Dawes Plan gave Germany longer to make the payments (and the Young Plan of 1929 reduced the payments). I – Introducing new Currency  Stresemann called in all the old, worthless marks and burned them. He replaced them with a new Rentenmark (worth 3,000 million old marks).
  • 4. F – French Leave Ruhr  In April of 1924 Stresemann persuaded the French to leave. F – Foreign Affairs  In 1925, Stresemann signed the Locarno Treaty, agreeing to the loss of Alsace-Lorraine. In 1926, Germany was allowed to join the League of Nations. Germany had become a world power again.
  • 5. E- Economic Growth  Germany borrowed 25,000 million gold marks, mainly from America.  This was used to build roads, railways and factories.  The economy boomed and led to prosperity. Cultural life also boomed (the Roaring Twenties-fashion, cinema). R - Reforms  Stresemann introduced reforms to make life better for the working classes - Labour Exchanges (1927) and unemployment pay. Also, 3 million new houses were built.
  • 6. S – Strength at the Centre  Stresemann arranged a 'Great Coalition' of the moderate pro- democracy parties (based around the SDP, the Centre party and Stresemann's own 'German people's Party', the DVP).  United together, they were able to resist the criticism from smaller extremist parties, and in this way, he overcame the effects of proportional representation - the government had enough members of the Reichstag supporting it to pass the laws it needed. REMEMBER – DIFFERS Recovery under Gustav Stresemann