Stresemann’s Golden Age

Stresemann

Chancellor and Foreign Minister during the 'Golden Age'

Rentenmark

Temporary German currency introduced by Stresemann in 1923

Reichsmark

New currency backed by gold reserves in Germany from 1924

Dawes Plan

Agreement where the USA lent Germany $3,000 million over six years

Locarno Pact

Agreement on borders signed by Britain, France, Italy, and Belgium in 1925

Young Plan

Plan that reduced reparations payment to £1,850 million and extended payment time

Hyperinflation

When money loses its value rapidly

Treaty of Versailles

Post-WWI treaty determining Germany's treatment

Kellogg-Briand Pact

Agreement for peaceful conflict resolution signed by 65 countries in 1928

Golden Age

Period from 1924-29 with economic prosperity and social advancements

Golden Age Benefits

Included industrial growth, public works, and reduced support for extremists

Unemployment Insurance Law

1927 law providing benefits for the unemployed in Germany

League of Nations

International organization where Germany gained a permanent seat in 1926

Women's Advancements

Including voting rights, new employment opportunities, and social freedoms

Middle Class Struggles

Bankrupted by inflation, faced job challenges post-WWI

Allied Troop Withdrawal

Allied troops left the Ruhr and Rhine earlier than planned in the late 1920s

Economic Dependency

Germany relied heavily on American loans, posing a risk

Stresemann's Achievements

Ended hyperinflation, improved economy, and international relations, seen as father of the nation

Public Works

Construction projects like stadiums and opera houses for economic stimulus

Housing Initiatives

Tax breaks, land grants, and loans led to the construction of two million homes

International Relations

Improved through agreements like the Locarno Pact and League of Nations membership

Social Advancements

Including increased social freedoms and opportunities for women