Evaluate Stresemann’s role as Chancellor in the inflationary crisis. Firstly Stresemann is successful in ending the crisis – the new currency‚ the Rentenmark‚ was quickly accepted and it even helped the Government to knock off some of its debt. Although the government’s expenditure was cut drastically and 700‚000 people became unemployed‚ the success of the Rentenmark induced sympathy from the Allies and resulted in the establishment of the Dawes Committee – this was very important for Germany as
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How was the Stresemann era a successful period for the Weimar Republic? Gustav Stresemann became the German Chancellor in August 1923. A committed nationalist‚ he also believed that Germany’s problems could only be solved by negotiating with other countries. In 1923‚ the German economy was in ruins‚ as hyperinflation had caused the German currency to lose its worth to foreign countries. When Stresemann came to power he introduced the Rentenmark‚ a new currency and reduced government spending
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How important was Stresemann to Germany between 1923 to 1929? Introduction Stresemann‚ first aider of Germany all-round played a major part to Germany’s recovery after world war one was therefore very important to Germanys recovery. After the Kaiser fled Germany he left the new found government the Weimar republic to pick up the pieces of the ruined Germany and get the blame for the war loss the German people referred to this as being ‘stabbed in the back’
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How Far Was Stresemann Responsible For The Recovery of The Weimar Republic? 1923 was an extremely crucial time for Germany with a great shift in culture‚ economy and government. It was falling apart; the German economy had collapsed due to the striking between German workers and French occupiers. Hyperinflation rose so much that the German people were forced to using suitcases and wheelbarrows to carrying money not to mention the fact that the collapse of the currency caused even more havoc
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will be explaining how I think Gustav Stresemann played a significant role in German history from 1923-1929. I will also put some reasons that he did not play a factor in. So how was Gustav Stresemann a big factor in German history? Gustav Stresemann was a German politician and a statesmen. He served as chancellor in 1923. He was also a foreign minister during 1923-1929‚ during the Weimar republic. He was awarded with the nobel peace prize in 1926. Stresemann was born on May 10‚ 1878 and he died
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Describe the key features of the Stresemann foreign policy in the years 1923-1929 (6 marks). In 1924 Stresemann and Charles G. Dawes created the Dawes Plan. The Dawes Plan reduced annual reparation payments to an affordable amount. It was also agreed that American Banks would invest in German industry. This also improved the trust the allies had in Germany‚ as they were reassured that they would get their reparation payments. In 1925 Stresemann signed the Locarno Pact. This was a treaty between
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As Foreign Minister‚ Stresemann had numerous achievements. His first notable achievement was the Dawes Plan of 1924‚ which reduced Germany’s overall reparations commitment and reorganized the Reichsbank. His second success was the Locarno Treaties with Britain‚ France‚ Italy‚ and Belgium‚ signed in October 1925 at Locarno. Germany officially recognized the post World War I western border for the first time‚ and was guaranteed peace with France‚ and promised admission to the League of Nations and
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Stresemann – strengthening or weakening the Weimar Republic? ( = concerning central question) - Weimar 1923-1929 = “Stresemann Era” - Germany’s Foreign Minister - successful foreign policy needed to reduce public hatred (of Versailles Treaty) and help economy grow - “Ludendorff’s young man”: supported unrestriced submarine warfare and the Treaty of Brest-Litovsk - he formed the German People’s Party (DVP) ( conservative; wanted constitutional monarchy - Aug. 1923:
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Gustav Stresemann took Weimar Germany out of its hardest years and turned it into the ‘Golden Years of Weimar. Stresemann was able to restore economic stability. He created the Rentenmark which was a currency issued in 1923 to stop the hyperinflation. It also encouraged foreign investment in Germany’s economy. The Reichsbank was given control of this currency. Stresemann negotiated the Dawes Plan with an American banker called Charles G. Dawes. This reduced the size of the reparations to an affordable
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October 2014 Classwork How successful was Stresemann in Resolving Germany’s Problems between 1923 and 1929? Stresemann was successful in resolving Germanys problems between 1923 and 1929 as he helped Germany with the economy‚ culture‚ politics and foreign policy. Although Stresemann was only chancellor for a few months he was a leading member of every government from the years 1923 till 1929. Stresemann’s greatest achievements was in foreign policy where Germany was accepted in to the League
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