Gustav stresemann was chancellor and latter became foreign minister. When hyperinflation was sorted out stressmann tried to improve relations between Germany and the rest of the world but especially Britain France and the U.S.A. to avoid another financial collapse in the future all the old currency was called in and replaced by a new one the rentenmark America lent Germany 800 gold million marks to help pay for reparations and improve the standard of living of the German people this was called the dawes plan, a reasonable schedule was worked for reparations repayments to be paid over the years, even the French agreed this was acceptable. As a result of this French troops were gradually withdrawn from the Ruhr and the German industry began to recover as did the rest of the world’s economy.
The republic certainly seemed to be recovering Germany hadn’t been in a more stable situation since 1919 but this resulted in a decline in support for extremist parties such as the communists and national socialists. The moderate social democrats, on the other hand, increased their support after 1924 everything seemed fine gustav had done a good job the Weimar republic were safe so it seemed. Around the 1923 there were still a few problems as Germany became dependent on the U.S.A’s lone’s but it didn’t matter at the time because Germany were experiencing the boom years everything seem brilliant.
In 1929 there was a reduction in reparation under the young plan which reduced the figure by 75 %, but the depression finished off the plan before it got started.
Gustav’s biggest success were that he built up a good relationship with aristide briand of France which later on led to the signing of the locarno pact in 1925 this was signed at loacrno in Switzerland. It was a group of treaties which aimed to tidy up arguments left over from the First World War.
In the treaty that agreed to many different things such as, Germany promised always to observe its western borders with France and Belgium .Britain and Italy guaranteed these borders, Germany also signed treaties with Poland and Czechoslovakia, promising to use only peaceful means to alter those borders.
The German Weimar Republic was an attempt to make Germany a more democratic state. While this was a very good idea in theory, the Weimar Republic was ineffective due to the instability that came with it. Several factors contributed to the instability of Germany’s Weimar Republic, such as the new political ideals brought forward and the government’s hunger for war.
As Ian Kershaw explains, the Weimar Republic was failing: "the survival chances of Weimar democracy might be regarded as fairly poor by the end of 1929, very low by the end of 1930, remote by the middle of 1931 and as good as zero by Spring 1932." In a period of Depression and when unity and firm government was essential, Müller's Grand Coalition broke up in March 1930. Logically, there were several political alternatives other than Hitler and the Nazis.
James, Harold. "The Causes Of The German Banking Crisis Of 1931." The Economic History Review 37, no. 1 (1984): 68-71.
(Doc 5) This proves that overall, the conservative values were quite popular and gave the Weimar republic a lot to keep up with. In conclusion, the Weimar Republic of Germany ended up collapsing and giving way to Nazi rule because of the lack of popular support, the lack of organization within the party, and the fact that it had to compete with other, stronger forms of government.
Germany experienced a lot of economic changes after Germany was split into East Germany and West Germany. Initially, West Germany was established as a federal republic but was established as it’s own independent nation in 1955. Many events happened in West Germany from the 1950s to the 1980s before Germany became one nation again. There were events such as “oils price shocks, generous social programs, rising deficits and loss of control.” East Germany’s economy was strong due to the Soviet Union’s reliance on Eastern Germany’s production of machine tools, chemicals and electronics. It became appealing to reunite with West Germany when the value of East Germany’s currency became “worthless” outside of it’s country because Eastern Germany was relying on the Soviet Union’s demand (Marketline).
At the end of World War One, Germany was required to pay a large sum of money to the Allies consequently resulting in the German Depression. The sum Germany had to pay was set after the Treaty of Versailles was enacted at approximately six billion, six hundred million – twenty-two billion pounds, (World War Two – Causes, Alan Hall, 2010). The large amount of reparations that Germany had to pay resulted in a depression and angered the Germans because they thought it was an excessive amount of money to pay, (World War Two – Causes) The Germans hatred of the Treaty of Versailles was of significant importance in propelling the Nazis to power. Germany could not pay their reparations and was forced into a depression, (World War II – Causes). The Treaty of Versailles deprived Germany of its economic production and its available employments, (World War II – Causes). The German Depr...
In this essay I will consider to what extent the German economy has been central to change regarding the development of Germany over the whole period, 1890-1991. I will consider the German economy under the Kaiser in accordance with World War 1, during Hyperinflation under the Weimar Republic in 1923, in Nazi Germany under Hitler and in East and West Germany leading to the building of the Berlin Wall. It appears that the German economy to a large degree has been exceedingly central to change in the country over this entire period. It is evident though that the economy itself has not solely been the derivation of precise events over the course of the period. There have been other ideas and proceedings that must be taken into consideration and I aim to assess the prominence of these notions in opposition to the German economy. These include the radical ideas of the Kaiser and Hitler leading to the occurrence of World War 1 and 2, the ‘Stab in the back’ theory strengthening support for radical parties and anti-fascist ideals prompting the construction of the Berlin Wall.
After the First World War Germany recognised her first ever democratic government, the Weimar republic lasted from 1918 – 1933 an astonishingly long time given its turbulent start. The November revolution saw the election of soldier and worker councils similar to that of the Russian revolution in 1917, it spread across Germany like wildfire and in turn split the country before a democracy could even be instated nevertheless on November 9th 1918 the German republic was established. From then on The Weimar Republic was set on unstable and insecure path and this is why it is one of Germanys most important historical periods; it was Germanys earliest form of non-imperial government and rule and its collapse in 1933 paved the way for the rise of Hitler and the Nazi party. For these reasons there have been endless works published on the Weimar republic and the outpouring of literature post world war two focuses on the collapse of the Weimar republic and how the Nazi party came to power. However, to understand why the debate surrounding the Golden Era in the Weimar Republic is an interesting one and lacking in historical works, it is key to examine the historiography of the Weimar republic as a whole. Furthermore, to understand why historians focus on other periods in the Weimar’s history in particular the consequences of the treaty of Versailles and the consequences of the Wall Street crash in 1928 which led to its collapse.
The Weakness of the Weimar Republic and Hitler's Rise to Power The question directly relates to the idea that the political power of a country can be taken over by ambitious people in different ways. From our knowledge we know there is three ways this can be done…by take over by force, also known as a 'coup d'etat', in a more democratic and just way or by a political deal. In the 1920's and the 1930's Hitler led a right wing political party and was seen by many as a dictator. He wanted to overthrow and control the German government and he tried all three of these ways in an attempt to do so, some methods were more successful than others.
Because France blamed Germany for the First World War, they forced them to pay for all of the damages that was considered their fault. This was extremely demoralizing to the economics in the country, because Germany had to basically pay for the entire war, which caused Germany to plunge deeply into debt. According to articles 159-187, Germany not only had to pay off their debt, but also had to pay off the debt that Belgium had to the allies. The article also stated that Germany was expected to pay reparations for casualties, that were to be paid to the families of the deceased, they had to pay for all non-military damages, and all the ship that were destroyed at the hands of the Germans. The French also took total control over the Saan Busin, and controlled all of the coal deposits and the railroad systems. This was devastating to the future of Germany because there was no feasible way that the Germans could repay this debt entirely.
Under the Dawes Plan, the German economy boomed in the 1920s, paying reparations and increasing production. Germany's economy decreased in 1929, though, when Congress revoked the Dawes Plan loans.
...After we consider all these points mentioned we begin to see how everything worked and connected to form one huge disaster for Germany. We start to see how all these things played a part, the reparations led to unemployment that led to no money that led to overprinting of money. How the huge consequence of the reparations led to the unsuccessful paying of it leading to the French invasion of the Ruhr which led to strikes and therefore no products to trade with. How the unstable Weimar government led to extremist parties that damaged the economy further and brought inflation to its highest. The effects were probably the worst, the starvation coupled with the disease epidemic that killed people off and the worthless tonnes of paper notes roaming around the nation. It all in all was a very bad time in Germany one that they always found it hard to recover from.
They were the ones who carried out the war, they were cut down to size
And in1923 French and Belgian forces occupied Germany's main industrial region, the Ruhr, claiming that Germany had defaulted on reparation deliveries. When Stresemann took over, he called off the campaign of passive resistance in the Ruhr. He called an end to hyperinflation by abolishing the marks and replacing it with a new currency called the Retenmark. Under Stresemann the Dawes Plan was established to help Germany to pay reparations, Germany signed the Locarno Treaties to gain trust of the allies who then withdrew their occupation force, and the in following year Germany was elected to the League of Nations.
After World War One ended in 1918, many of Germany’s unemployed soldiers and citizens felt defeated and their pride injured. Wilhelmine’s leaders of military and political parties blamed Germany’s failure on being “stabbed in the back” by Jews, Communists, and leftwing politicians. After losing the war many Germans banded together to create a new government, the Weimer Republic. They suffered from an unstable economy which became worse when the New York stock market crashed