To what extent did the Weimar achieve financial and political stability in the 1920’s.

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To what extent did the Weimar achieve Financial and Political stability in the 1920’s

        The Weimar inherited a country delivered from the defeat of the First World War and found itself in a very difficult situation both financially and politically; financially the country was in a state of inflation due to the former Kaiser’s poor management of funds during war time. Politically the country was divided with a large number of parties spanning the entire political spectrum and civil unrest clearly apparent as the rumours of the Weimar “stabbing Germany in the back” by signing of the Treaty of Versailles. Germany’s situation at this time left scope for a strong government to take control or for a weak government to fail.

        

        Financially Germany was running into trouble long before the Weimar republic was formed, due to Kaiser Wilhelm’s policy of financing the war through loans and bonds as a opposed to increasing taxes and thus the roots of inflation were firmly sunk into Germany’s economy prior to 1920’s . With the already weak economy, the huge Versailles reparations had a disastrous effect and when Germany could no longer pay, France and Belgium took over the Ruhr, Germany’s industrial heartland. In retaliation the Weimar brought about an official strike and passive resistance began whereby no German worker would work in the Ruhr, with all this unemployment and the Ruhr now no longer producing Germany became even poorer. The Weimar rather foolishly fuelled the problems by printing more and more bank notes and by 1923 ,when the crisis came to a head, £1 was the equivalent of 130, 000 million DM . People’s savings were ruined and the general public held the Weimar solely responsible for the instability of the economy and of coarse this lead to political unrest and radicalism by the end of 1923.

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After the war the public, particularly the soldiers felt that the Weimar Republic had “backstabbed” Germany as they felt they had not been defeated in the war as there was no force occupying Germany and by signing the ludicrous Versailles peace treaty the government had betrayed Germany and it’s people. This was a bad start for the Weimar and very soon they became despised and blamed by many, particularly the extremist parties of which there where many. From the end of the war to the end of  1923 Germany was a political quagmire, due to the make up of the ...

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