• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Whydid Germany recover between 1924 - 1929?

Extracts from this document...


Why did Germany recover between 1924 - 1929? Germany recovered between 1924-1929 and had what were known as the "golden years" mainly because of the ways Gustav Stresemann helped the country to recover. The first way he helped Germany to recover was getting other countries to trust Germany again, helping Germany to recover politically. I think that this was the most important reason for Germany's recovery as it led to economic recovery, which led to social recovery. The second way he helped Germany to recover was to solve hyperinflation so the country could recover economically. The third way he helped Germany to recover was lifting a lot of censorship, helping Germany to recover socially. Stresemann died in 1929, just before the Wall Street crash happened in America and sent Germany into another depression. Stresemann had said that the Germany economy was unstable. Prior to Stresemann becoming foreign minister, Germany was in a depression. The Weimar government worked under a system of proportional representation, which meant that no one party managed to win more than half the votes cast. ...read more.


This did much to relieve international tensions, and the "Locarno honeymoon" brought Germany various advantages. In 1928 Germany signed the Kellogg-Briand Pact; and in 1930 the Allies left the Rhineland. These various successes gained support for the Republic and there were general signs that the turbulent events of 1923 had provoked an active response among those who wished to protect German democracy. Because Stresemann appeared to be helping Germany recover, votes for extreme parties, such as the Nazi party fell dramatically and people started to favour the republic. This was because people were starting to regain their faith in the German government. Stresemann helped Germany recover economically by solving hyperinflation. He did this by cancelling the old mark and introducing a new currency called the rentenmark, which, being based on a mortgage of all land and industry to the value of 3200 million gold marks, was theoretically secure and quickly helped to stabilizese the economy. With his finance minister Stresemann negotiated the Dawes Plan which was a loan of 800 million Gold Marks, mostly from the USA banker Charles Dawes, which enabled Germany to initiate a general economic recovery and to pay annually in reparations only what she could reasonably afford. ...read more.


Up until this point, Germany had been using American loans to pay off the reparations, however, when the American economy collapsed, America started recalling all loans from countries it had lent money to, including Germany. This sent Germany into chaos as not only did they have to repay American loans, but also the allies were still demanding reparation payments, as they also needed to pay back loans to the USA. The cycle of depression Stresemann died of kidney failure in September 1929. Without his steadying influence the DVP and the Reichstag quickly slipped to the Right, where the charismatic figure of Adolf Hitler continued to wax noisily about the failings of the "November Traitors" and built up popular support through his spellbinding oratory. In conclusion I think that the most important reason for Germany's recovery from 1924 - 1929 was that Gustav Stresemann got other countries to trust Germany again. This meant that they leant Germany money and were more lenient with payments, which allowed Germany to recover economically. Germany's economic recovery meant that more people were employed and had more money to spend on recovering socially. Frances Wood ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Germany 1918-1939 section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE Germany 1918-1939 essays

  1. Germany - How far did Germany recover under Stresemann?

    This would make France angry and as a result, Germany might not be safe from invasion any longer. Another mistake Stresemann made was not taking action against extremist groups because they were not a big threat to the government. The extremists took advantage of that, using the time to plot ways to seize control of Germany at the smallest opportunity.

  2. Weimar, 1924 - 1929

    Nation-wide, they garnered only 907,300 votes and were reduced to 14 Reichstag deputies. 3. Situation on Release KD Bracher "Upon his release from prison on 20 December 1924 Hitler was put on four years' probation. He was now faced with the task of reconstructing his party."

  1. Nazi Germany

    In conclusion, Hitler used these groups as an opportunity to spread his ideas throughout the nation, and to create a new generation that would be loyal and unified. He gave those under he's teachings a great discriminations of all Jewish people and taught them that they were a superior race.

  2. During the 1920's and early 1930's Germany was unstable socially economically and politically

    whereas to play by the rules and 'get elected' allowed the sky to be the limit. On the 28th June 1919 two government members of Germany went to the Palace of Versailles, near Paris, to sign the document which was to become known to the German people as the "Shameful Dikat of Versailles".

  1. Did The German People Benefit From The Weimar Government Between 1924 And 1929?

    Exceptions are admitted in virtue of the law only. These two articles further the idea of a democracy, giving every German the basic human right to freedom, free speech (essentially - this idea is taken further in article 118) and free action.

  2. Nazi Germany Revision 1918-45

    part of the 1930s and into the war years ? women were therefore encouraged (even compelled in some cases by 1943) to work. Was such a policy incompatible with the policy of increasing the birth-rate? * Policies towards young people ? Youth Groups.

  1. WWII History Revision Notes. How far did the Weimar Republic Recover between 1924-1928.

    1000?s of SA leaders were murdered by the SS (including Ernst Rohm, Hitler?s friend) The Results of the Night of the Long Knifes: 1. Hindenburg died in August 1934, so Hitler became Fuhrer (he merged together chancellor and president into one ?Fuhrer?)

  2. Explain how Germany suffered from social and economic problems up to 1923 and how ...

    People starved and died as they could no longer afford to buy the essentials they needed to live. There were few advantages of hyperinflation but one advantage was easy repayment of loans and mortgages. Loans are fixed so cannot rise as the value of the mark decreased.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work