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The Stresemann Recovery

How did Germany climb out of the crisis of 1923? Meet Gustav Stresemann, the new Rentenmark, the Dawes and Young Plans and the treaties that rebuilt trust, and weigh how far the recovery really went.

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What you'll cover

From crisis to recovery 📈

After the hyperinflation of 1923, Germany began to recover. The recovery was led by Gustav Stresemann, and it lasted from 1924 to 1929. This module looks at the new currency, the Dawes and Young Plans, the treaties that improved trust abroad, and how far the recovery really went.

Words to know 🔑

Four terms run through this topic. Learn them first.

How solid was it? ⚖️

The recovery brought real gains, but it rested on shaky ground.

Judge how far 💡

In the exam you gain the most marks by weighing the EXTENT of recovery both ways. There were real gains, a stable currency, reviving industry and better diplomacy. But the growth leaned heavily on American loans, which were recalled after the Wall Street Crash of 1929. Judge how far Germany truly recovered, rather than only describing the good news.

Match the term 🔗

  • Rentenmark
  • Dawes Plan
  • Young Plan
  • Locarno Pact
  • The new stable currency of 1923
  • The 1924 deal for American loans
  • The 1929 deal that cut reparations
  • The 1925 agreement on the western borders

What restored confidence? 🎯

What restored confidence in German money after the hyperinflation of 1923?

  • A new, stable currency called the Rentenmark
  • The occupation of the Ruhr
  • Higher reparations payments
  • Printing even more money

Match the measure 🤝

  • The Dawes Plan
  • The Young Plan
  • The Locarno Pact
  • The League of Nations
  • Brought in American loans and eased reparations in 1924
  • Reduced the total reparations bill in 1929
  • Settled the western borders of Germany in 1925
  • The world body that Germany joined in 1926

Better standing abroad ✅

Which TWO of these improved the international standing of Germany? Choose all that apply.

  • Signing the Locarno Pact
  • Joining the League of Nations
  • The hyperinflation of 1923
  • The occupation of the Ruhr

Put it in order 🪜

An interactive activity.

Complete the sentences 🧩

After 1923, recovery was led by Gustav _____. The new _____ currency restored confidence. The _____ Plan of 1924 brought in American loans. Through the Locarno Pact of 1925, Germany accepted its western _____. Much of this growth relied on American _____, which made it fragile.

Stresemann Rentenmark Dawes borders loans Young Locarno colonies gold taxes

Count the years 🔢

An interactive activity.

Spot the recovery 🖍️

An interactive activity.

Strength or fragility? 🧭

An interactive activity.

Judge the recovery ✍️

An interactive activity.