The German Economic Crisis - Villanova University：德国的经济危 机-维拉诺瓦大学.pptVIP

Efforts to Restore the Economy Stabilization The “Miracle of the Rentenmark” The Dawes Plan Stabilization September 1923, problems in the Ruhr were beginning to be resolved Three problems: 1.) Little confidence 2.) No hope of a foreign loan 3.) How to procure resources for the transition time The “Miracle of the Rentenmark” When Stresemann comes to power, he starts the rentenmark based on land, mortgage, industry- thus having value Government poses limits on how much is made November 15, 1923 th