How far was stresemann responsible for

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How far was stresemann responsible for

The recovery of the Republic, —29 Gustav Stresemann and economic recovery Inthe Weimar Republic was on the verge of collapse socially and economically. But surprisingly, this crisis was followed by a period of relative stability and success.

The period was a time when the Weimar economy recovered and cultural life in Germany flourished. This dramatic turnabout happened in large part because of the role played by Gustav Stresemann who became Chancellor in August during the hyperinflation crisis.

This was a time when prices in Germany went up quicker than people could spend their money and the German currency lost its value.

How far was stresemann responsible for

He did this in just three months by: Promising to begin reparations payments again. This persuaded France and Belgium to end the occupation of the Ruhr by Introducing a new currency called the Rentenmark.

This stabilised prices as only a limited number were printed meaning money rose in value. This helped to restore confidence in the German economy both internally and internationally. Reducing the amount of money the government spentgovernment employees lost their jobs so that its budget deficit reduced.

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Aug 14,  · The Treaty of Versailles was the most important agreement that came out of the Paris Peace Conference, which followed the end of World War I.

How far was stresemann responsible for

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Lastly I will decide how far Stresemann improved the cultural life of Germany. In the ’s the was a huge change in Germany’s culture.

BBC Bitesize - GCSE History - The Weimar Republic - Edexcel - Revision 6