Did Germany Under Stresemann and the Weimar Republic Experience A Recovery In The Period From 1924 to 1929?

Authors Avatar

Devesh Shah 4/5J2        

Did Germany Under Stresemann and the Weimar Republic Experience A Recovery In The Period From 1924 to 1929?

In the years after from 1924 to 1929 were the Golden Years of the Weimar Republic. The Weimar Republic under Stresemann enforced many economic measures. These included an end to hyperinflation by introducing a new currency, the Rentenmark. The introduction of this new currency stabilised the economy and the amount of Rentenmark in circulation at any time was carefully controlled by the government to ensure that hyperinflation was stopped and that it would not happen again soon. The passive resistance in the Ruhr was stopped, as the Ruhr was the base of German industry. These industrial goods were desperately needed by Germany and the industry could be improved with new industrial technology to promote economic growth. This recovery of economy meant that the living standards of most Germans were raised which caused most Germans to support the government more and more. The Weimar Republic also stabilised Germany politically and resumed the payment of reparations. The reparations were a consequence of the First World War and the payment showed that Germany was strong enough to pay huge penalties every year. The resuming of the payments of these reparations was the coming about of the Young and Dawes Plans. The Dawes Plan reduced the annual reparations that were to be annually paid and the Young Plan replaced this and reduced the reparations by a quarter and gave Germany 58 years to pay them. The government stabilised and less support was given to extreme parties but these parties still existed. The increase in political stability and the reduction in support for extreme parties also meant there were fewer violent uprisings. In the Golden Years the Weimar Republic caused Germany to become a much more powerful and prosperous nation and they were slowly returning to the nation they were before the Great War. Many international agreements came about and one of these was the Locano Treaty. This plan said that Germany agreed to uphold its Western borders. This meant that the countries on Germany’s border would be safe from attack by the border nations. As Germany became more respectable they were entered into the League of Nations. This was like the modern day UN and was based upon 4 main aims:

Join now!
  1. Stopping Aggression
  2. Disarmament
  3. Encouraging Cooperation
  4. Improving living and working standards.

Another treaty was signed, the Kellogg pact in which 65 nations agreed not to use force to settle arguments. This meant that the countries that were involved in the Great War could concentrate on rebuilding and becoming the powerhouses they were before the war. The results of Stresemann’s policies were that there was economic recovery, political stabilisation and a return to power in Germany. The economic recovery included an end to hyperinflation. Many foreign loans were taken and used to improve the German position even more and ...

This is a preview of the whole essay