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Essay On How Did The Weimar Republic Recover Under Stresemann

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Gustav Stresemann was Germany’s Chancellor in 1923. Stresemann was further Foreign Minister of Germany from August 13, 1923 to November 23, 1929. In 1923, Weimar Republic was on the edge of disruption, because of several contrasting reasons. Hyperinflation took place because Germany urgently had to pay war reparations. Which caused Germany to print more money. When Germany printed overloads of money it caused hyperinflation. Money was barren. Food prices were high and countless people could not afford food and starved. Children were playing with packed money out on the streets. To solve Weimar’s economy problem, Gustav Stresemann introduced new currency. Which was called Rentenmark. The new currency was worth something. Rentenmark was highly significant. It was exchangeable for land and industrial plant. Gustav Stresemann successfully had stopped hyperinflation by 1923. While he was still Germany’s Chancellor. It is called the “Golden Year of Economy” in Weimar Republic. …show more content…

Which leaded France and Belgium to invade the most industrial place of Germany, the Ruhr. When hyperinflation took place, uncounted number of people’s businesses faced end. People who weren’t thrilled that they lost their business and savings, believed that it happened because of Weimar Government. Stresemann organised the ‘Great Coalition’. It included Social Democratic Party SDP, Catholic Centre Party, Democratic Party DDP, and German People’s Party DVP (Gustav Stresemann’s party). By 1923 these 4 were the main pro-democratic parties within Reichstag. Gustav Stresemann re-united these 4 parties, so that they deal with extreme problems during the crisis and defeat hyperinflation. Great Coalition convinced French to leave Ruhr. The Great Coalition canceled the laborers strike to restrict the French attack of the

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