economic challenges in weimar republic - 3

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8 Terms

1
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for what main reasons had germany had a strong economy before 1914?

germany was wealthy before ww1.

  • abundant natural resources.

  • strong trade ties.

2
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what were the two principle features of ‘passive resistance’ ?

  • not working.

  • not openly engaging in revolt against them.

3
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give at least two ways in which Stresemann attempted to appease foreign powers during the 100 days.

  • call off passive resistance.

  • establish the new currency.

  • promise to make repayments (reparations).

4
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for what two reasons did hyperinflation not cause German people to lose faith in the government?

  • blamed the french and Belgians.

  • business men profited.

5
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list two ways in which the Weimar Republic had improved living standards in its early years.

  • improving the quality of life of industrial workers.

  • unemployed - had benefits.

6
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why was printing more money a bad idea for Germany ?

  • decreased the value of the mark.

  • hyperinflation - out of control - economy collapsed.

7
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what was the Dawne’s plan ?

  • America loans a lot of money to Germany to help them pay off reparations (from France).

  • good for Germany - golden age - golden twenties (cultural renaissance in Germany).

  • however, this was bad as Germany became dependent on them - bad.

8
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what was the wall street crash (1929) ?

  • the collapse of share prices on the New York stock exchanges.

  • aka great depression.

  • Germany - dependent on loans from America.

  • loss of investment - unemployment (affected everyone).

  • people lost faith in the Weimar German constitution.