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GCSE History
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When was the Young plan?
August 1929
When was the Dawes plan?
April 1924
When was the Rentenmark introduced?
November 1923
When was Gustav Stresemann appointed chancellor?
August 1923
What was the Young plan?
Reduced reparations from £6.6 billion to 2 billion
What was the Dawes plan?
The temporary reduction of reparations to £50 million a year
What was the Rentenmark?
One Rentenmark was the equivalent of a trillion marks, it was tied to the price of gold
What were the results of Stresemann’s reforms?
Living standards improved
Average working wages increased
Unemployment reduced