How did Stresemann recover Germany between 1923-1929

Topics: Germany, Treaty of Versailles, Weimar Republic Pages: 4 (1430 words) Published: October 18, 2014
Gustave Stresemann had a lot of influence over Germany in the period between 1923 and 1929. Before Stresemann took charge in 1923 the Weimar Republic had many problems. In 1922 the government declared that they could no longer pay reparations to France due to severe economic problems. The French angrily responded to this by sending in 60,000 French and Belgian troops to invade the Ruhr. They took most of Germany’s raw materials, the government called for the workers to carry out passive resistance. The workers in Germany refused to collaborate with the French. Consequently industrial production ground to a halt. Many in Germany blamed the government for the invasion of the Ruhr as it was the government who signed the treaty in which the treaty stated that they had to pay large reparations to France After the invasion of the Ruhr, industrial production decreased dramatically causing industries and factories to shut down. This meant that unemployment rose rapidly and poverty in Germany rose too. The government decided to print more money to give to the people. As more and more were printed prices rose higher and higher, this meant that more money had to be printed to meet the increasing prices. As a result money became worthless. This was the second problem the Weimar Republic faced; hyperinflation. Although the wages rose the prices always seemed to rise faster this meant that many people’s income was too low to live on. Most people suffered from the hyperinflation, and were extremely fed up with how the government had printed more money. It wasn’t just the fact that all their life savings could now only buy them a loaf of bread but it was also that it was degrading and it was humiliating: the German mark and economy had become worthless. Before Stresemann the Weimar Republic was facing unpopularity amongst most people, without Stresemann the Weimar Republic might not have seen 1924.      Stresemann put an end to hyperinflation, he did this by getting rid of the...
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