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Stresemann controlling inflation was the main reason behind success of the Weimar Republic in the years 1923-1928 How far do you agree with this statement?

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Introduction

Joshua Painter 24/10/13 History Essay ?Stresemann controlling inflation was the main reason behind success of the Weimar Republic in the years 1923-1928? I believe that Stresemann controlling inflation was the main reason behind success of the Weimar Republic in the years 1923-28. There are also many other factor that helped with the success of the Weimar Republic, however these would not have been possible if Stresemann had not controlled the population therefore this is the main reason behind the success. Firstly controlling inflation was the main reason behind the success of the Weimar Republic in the years 1923-1928. This is because by doing this he stabilised the German economy. He did this by introducing a new currency called the ?Rentenmark?. Even though by doing this he had inadvertently destroyed all people?s savings and pensions, these savings and pensions had already become worthless due to the hyperinflation and so it was not a severe calamity that would have put him off of making the decision. ...read more.

Middle

This allowed tax to be lowered which would have made people happier due to them not having to pay as much tax and being able to have more luxuries. As a result of this, people bought more things which also increased the economy. Despite these positives this did cause some outrage among the German people which is why it is not as important as the Dawes Plan. This plan made German people want to vote on a referendum and people said that this was ?Passing the burden onto the unborn?. However even though the people did not agree with the signing of the Young Plan it still made the Weimar Republic successful as it further helped to improve the economy. It also massively reduced the reparations that Germany had to pay which also helped the economy grow. The third most important reason for the success of the Weimar Republic in the years 1923-1928 were the social reforms he brought in. ...read more.

Conclusion

They did still receive a lot of criticism from the people as they had accepted the borders that were set in the Treaty of Versailles and many saw this as being unacceptable. Next, in 1926, Germany did join the League of Nations which helped the Weimar Republic as they were now seen to be equal with other countries and had got the countries pride back that it had lost in the war. Lastly Stresemann signed the Treaty of Berlin with the USSR in 1926. Stresemann does this as it scares the western countries due to the possible alliance between the two. However this does not affect the Weimar Republic?s success much. In conclusion I believe that Stresemann controlling inflation was the most important reason for the success of the Weimar Republic in the years 1923-1928.This is because without him doing this, the other things that helped Weimar such as the Dawes Plan and Young Plan would never have been able to happen. This makes the controlling inflation the most important reason as the other things would not have helped the Weimar Republic without inflation being controlled first. ...read more.

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