HOW SUCCESSFUL WAS THE WEIMAR REPUBLIC? There were four major issues that threatened to destroy the fragile Republic these were: - Economy problems Foreign Policy

Authors Avatar

HOW SUCCESSFUL WAS THE WEIMAR REPUBLIC?

There were four major issues that threatened to destroy the fragile Republic these were: -

  • Economy problems
  • Foreign Policy
  • Politics
  • Culture

First of all I will start with Economy. The Weimar economy depended upon high interest American loans. These loans would help pay their debts off to Great Britain and France, who then paid their debts off to America. The American loans usually had to be repaid or renewed within three months this was fine in many occasions, but if American lenders came under pressure they could easily demand rapid repayment and stop renewing the very vital loans. Fortunately unemployment never fell below 1.3 million in spite of the economic recovery.

With big businesses growing, small firms and retailers struggled; unable to compete they were faced with bankruptcy. Higher wages and new national insurance contributions placed even further strains on smaller businesses. A worldwide agricultural depression caused agricultural prices to fall and many farmers sank into debt. In the winter of 1928 unemployment soared to a staggering three million!

Join now!

By the end of 1928 Germany achieved the same levels of production as before World War I and exports were on the increase.

Secondly I will go onto Foreign Policy. It seemed that Gustav Stresemann was the most able statesman of the Weimar years. Due to Stresemann, Germany broke out of the diplomatic isolation of the early post war years and were accepted as a valuable and trusted member of the international community. In 1925 Germany joined with France and Belgium to sign the Locarno Pact, this meant that Germany accepted her western borders and agreed to never use ...

This is a preview of the whole essay