Economic developments, 1924-29 (AQA GCSE History): Quizzes

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Economic developments, 1924-29
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How long did Stresemann serve as Foreign Minister?

1923-1929

When did Stresemann introduce the Rentenmark?

November 1923

What gave the Rentenmark its value and restored confidence?

Tied to gold & strictly controlled

When did the Reichsmark officially replace the Rentenmark?

August 1924

Who designed the 1924 plan to help Germany manage reparations?

Charles Dawes

What did the Dawes Plan reduce annual reparations to?

£50 million

How much did the Young Plan reduce total reparations?

From £6.6bn to £2bn

Until what year did the Young Plan extend reparations payments?

1988

What milestone did German industrial output achieve by 1928?

Doubled & exceeded pre-war levels

What did American banks provide under the Dawes Plan?

Loans to German industry

What was the main vulnerability of Germany's economic recovery?

Dependence on American loans

When did the hyperinflation period officially end?

August 1924

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