Reasons for recovery, 1923-29 (Edexcel GCSE History): Quizzes

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Reasons for recovery, 1923-29
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What was the period 1924-1929 known as in Germany?

The Golden Years

What position did Gustav Stresemann hold after serving as Chancellor?

Foreign Minister

When was the Rentenmark introduced?

November 1923

What backed the value of the Rentenmark?

Industrial plants & agricultural land

What was the Rentenmark renamed to in August 1924?

Reichsmark

Who designed the plan to help Germany manage reparation payments in 1924?

Charles Dawes

What were Germany's annual reparation payments reduced to under the Dawes Plan?

£50 million

What did US banks agree to provide under the Dawes Plan?

Loans to German industry

By how much did the Young Plan reduce Germany's total reparations debt?

From £6.6bn to £2bn

Until what year did the Young Plan extend Germany's reparation payment period?

1988

Which political party opposed the Young Plan, arguing Germany should pay no reparations?

The Nazis

By 1928, what happened to Germany's industrial output?

It doubled

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