KO 2 - Ruhr, Hyperinflation & Stresemann's Policies

What was the main reason France sent soldiers to occupy the Ruhr in 1923?

• To take products made by factories and raw materials

• To support the Weimar government

• To help Germany pay reparations

• To prevent hyperinflation

Why did the Weimar Government need to print money during the French Occuptation of the Ruhr?

• To pay striking workers and compensate for lost industrial output during the occupation.
• To pay off war reparations to other countries.
• To increase the value of the German mark in international markets.
• To fund military operations against the French forces.

What was a consequence of the Weimar government printing more money during the occupation of the Ruhr?

• Increased trust in the government

• Hyperinflation worsened

• Reparations were paid off

• The economy stabilized

Hyperinflation is when the value of money ​ (a)   , which leads to an increase in prices.

During this time, people lost confidence in money, and started to trade in ​ (b)   . A loaf of bread was worth 1 mark in 1919. by November 1923 it would cost ​​ (c)   .

Savings became ​ (d)  

• drops
• Increases
• goods and resourcres
• stabilizes
• decreases
• digital currencies
• 200,000 billion
• 100 million
• worthless.

What jobs did Gustav Stresemann have within the German government?

• Chancellor (1920) + Minister of Defence (1923-29)

• Minister of Defense (1920-1923)
• Chancellor (1923) and Foreign Minister (1923-1929)
• President (1923)

What did the Dawes Plan 1924 achieve? (pick 2)

• To secure American loans to German industry.

• To reduce reparations to £50 million per year

• To eliminate reparations entirely

• To increase reparations to £75 million per year

Why did extermists argue against the Dawes Plan?

• It was beneficial for Germany

• It meant Germans relied on US loans

• It eliminated reparations

• It increased reparations

Stresemann introduced a new currency called the Rentenmark. This ended hyperinflation. Why was this currency stable?

• The Rentenmark was pegged to the value of gold, and real assets.

• The Rentenmark was introduced without any backing, relying solely on government trust.
• The Rentenmark was backed by foreign currency reserves.
• People could swap it for their old currency.

What did the Young Plan of 1929 achieve? (PIck 2)

• Increased total reparations to £10 billion

• Reduced total reparations from £6.6 billion to £2 billion

• Eliminated all reparations

• Increased total reparations to £8 billion

• Gave Germany 59 more years to pay reparations.

What was a criticism of the Young Plan by extremists?

• It was too lenient on Germany

• It passed debt onto future generations

• It eliminated all debt

• It was too harsh on Germany