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Recovery from Hyperinflation

Recovery from Hyperinflation. Describe some of the problems created by hyperinflation in Germany. Today we will find out how Germany recovered from hyperinflation. Today we will…. Understand how Germany managed to recover from hyperinflation. Germany’s economic recovery.

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Recovery from Hyperinflation

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  1. Recovery from Hyperinflation Describe some of the problems created by hyperinflation in Germany. Today we will find out how Germany recovered from hyperinflation

  2. Today we will… • Understand how Germany managed to recover from hyperinflation

  3. Germany’s economic recovery

  4. New chancellor Gustav Stresemann took firm action to end the crisis

  5. Passive resistance was called off and people went back to work

  6. US Banker Charles Dawes created the Dawes Plan to lend money to Germany

  7. The Deutschmark was abolished and a new currency was introduced – the Rentenmark

  8. Stresemann worked on improving relations with other countries • Locarno Treaty 1925 • Joined League of Nations 1925

  9. Today we will… • Understand how Germany managed to recover from hyperinflation

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