essay for the recovery of germany

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Tamanna Ullah

10SL

Mr Roaf

History

The Recovery Of The Weimar Republic

Germany began their road to recovery with a series of improvements in their economy, foreign policies and politics. Streseman negotiated the Dawes Plan / Loan, started to work with other countries and stabilised the government and politics.

However, despite his success there remained a number of problems such as Germany was heavily dependent on USA for money. In addition, although he worked with other countries there remained a lot of mistrust. Finally even though he stabilised the government the Weimar Republic remained very unpopular with the German people.

Stresemann was a leading member of every government from 1923 to 1929. The fact that the rest of Europe was finally coming out of post-war depression also gave him support. Under the Dawes Plan reparation payments were spread over a longer period, and 800 million marks in loans from the USA poured into German industry. The Dawes plan helped Europe recover from the economic crisis after the war and due to the fact that more money was available the German industry was rebuilt. Because the industry was prospering again, this lead to increased employment and people’s lives seemed to be more stabilized. There also was an increase to international trade and this led to Germany being one of the worlds leading exporters of manufactured goods. The Germans were exporting goods to America, which helped them feel less guilty about taking a loan because they had a give-take relationship. Reparations were being paid and exports were on the increase.

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However, the German economy still had serious problems. The Germans were too dependant on American loans which could be withdrawn at any time, which technically did happen because after the Wall Street stock market crashed, the American economy collapsed and they needed the money back from Germany. Also unemployment was a serious problem because it wasn’t creating jobs fast enough for Germany’s rising population. The main losers were the peasant farmers and the middle class people. The peasant farmers had increased population during the war. They had mortgages to pay but not enough demand for the food they produced. ...

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