Hyperinflation and Stressmann
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21 Terms
Hyperinflation
Economic situation where prices increase rapidly as a currency loses its value.
Dawes Plan
A 1924 plan to stabilize the German economy by restructuring reparations payments.
Young Plan
A 1929 plan that reduced German reparations to $1.6 billion and extended payment terms.
Locarno Pact
A 1925 agreement between Germany, France, and Belgium to respect joint borders.
Weimar Republic
The democratic government established in Germany after World War I, from 1919 to 1933.
Reparations
Compensation imposed on Germany after World War I for damages caused during the war.
Rentenmark
A new currency introduced in 1923 to stabilize the German economy.
Chancellor
The head of government in Germany during the Weimar Republic.
Kelley-Bound Agreement
A 1928 agreement that solidified international cooperation and peace efforts.
Stresemann
German Chancellor who played a key role in stabilizing the Weimar Republic.
Inflation
The rate at which the general level of prices for goods and services rises.
Rhineland
A region in Germany that was demilitarized as part of the Treaty of Versailles.
Ruhr Crisis
A conflict in 1923 when French and Belgian troops occupied the Ruhr region due to unpaid reparations.
Savings
Financial assets that became worthless during the hyperinflation period.
Economic Crisis
A period of severe economic downturn that affected Germany in the early 1920s.
Workers' Strikes
Labor actions taken by workers in response to economic conditions during the Weimar Republic.
Shortages of Food
A significant issue in Germany during hyperinflation, leading to widespread hunger.
International Relations
The way countries interact with one another, particularly regarding treaties and agreements.
Treaty of Versailles
The peace treaty that ended World War I and imposed heavy reparations on Germany.
Economic Stabilization
Efforts made to restore economic order and confidence in the currency.
Compensation Payments
Payments made by Germany to the Allied powers as part of the reparations agreement.