How successfully did Weimar governments deal with Germany's problems in the years 1920-1924
How successfully did Weimar governments deal with Germany’s problems in the years 1920-1924? [10]
The Weimar governments were reasonably successful when it came to dealing with Germany’s problems within those four years. The government being taken over by Gustav Stresemann, in August 1923, made a huge, positive difference to Germany. Because of Stresemann, Germany was able to recover a lot quicker with his help.
One of Germany’s major problems was hyperinflation. Germany having no more goods to trade, resulted in the government printing more money. There ended up being so much money, but not enough goods to buy with it, so prices and wages went up by a tremendous amount. This made the money worthless. The majority of Germany was ‘rich’. Stresemann dealt with this problem in a very helpful way. He immediately called off passive resistance and ordered the workers in the Ruhr to go back to work. He then burned all of the worthless marks and created, then replaced a new currency, known as the ‘Rentenmark’.
The Dawes Plan of 1924 was formulated to take Weimar Germany out of hyperinflation and return Weimar’s economy to some form of stability. The main points of the Dawes Plan were simple in their effort to re-float Weimar Germany’s economy. The first main point of the Dawes plan was to return the Ruhr to Germany so that it was in their full control.
Stresemann negotiated to receive American loans under the Dawes Plan, which also renegotiated the reparations bill from the Treaty of Versailles. For example, in 1924, the figure was set as fifty million in British pound sterling, as opposed to two billion of 1922. These were the first issues Stresemann dealt with as Chancellor, and due to his success, it was clear that Germany’s governments were in good hands.
Another one of Germany’s problems was the attempts to overthrow the government. Luckily, for the government, they were unsuccessful. Spartacists week in 1919, the Kapp Putsch, and the Munich Putsch are
The Weimar governments were reasonably successful when it came to dealing with Germany’s problems within those four years. The government being taken over by Gustav Stresemann, in August 1923, made a huge, positive difference to Germany. Because of Stresemann, Germany was able to recover a lot quicker with his help.
One of Germany’s major problems was hyperinflation. Germany having no more goods to trade, resulted in the government printing more money. There ended up being so much money, but not enough goods to buy with it, so prices and wages went up by a tremendous amount. This made the money worthless. The majority of Germany was ‘rich’. Stresemann dealt with this problem in a very helpful way. He immediately called off passive resistance and ordered the workers in the Ruhr to go back to work. He then burned all of the worthless marks and created, then replaced a new currency, known as the ‘Rentenmark’.
The Dawes Plan of 1924 was formulated to take Weimar Germany out of hyperinflation and return Weimar’s economy to some form of stability. The main points of the Dawes Plan were simple in their effort to re-float Weimar Germany’s economy. The first main point of the Dawes plan was to return the Ruhr to Germany so that it was in their full control.
Stresemann negotiated to receive American loans under the Dawes Plan, which also renegotiated the reparations bill from the Treaty of Versailles. For example, in 1924, the figure was set as fifty million in British pound sterling, as opposed to two billion of 1922. These were the first issues Stresemann dealt with as Chancellor, and due to his success, it was clear that Germany’s governments were in good hands.
Another one of Germany’s problems was the attempts to overthrow the government. Luckily, for the government, they were unsuccessful. Spartacists week in 1919, the Kapp Putsch, and the Munich Putsch are