The work of Gustav Stresemann and Germany's recovery.

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Stresemann had a very big role in the recovery of Germany, both as chancellor and as foreign minister. He was able to end many crises such as hyperinflation, passive resistance in the Ruhr, and the fact that Germany had to pay £6600 million in reparations. Stresemann ultimately fixed all these issues branding him as one of Germany’s best politicians.

One of the major things that straits amended to recover Germany is economy is the ending of hyperinflation in 1923. He scrapped the Reichsmark, and introduce the Rentenmark, which played a part in the reconstruction of the economy of the country. Another way he worked when he was Chancellor in 1923, was that he ended passive resistance in the role after the French occupied it. The passive resistance was costing the German economy a lot, but Stresemann ended it to recover the economy. This greatly assisted the paying of the reparations.

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However, this was not the only reason that Germany was able to pay reparations. When Stresemann became foreign minister in 1924, he was able to set up the Dawes plan, which meant that the USA was lending Germany money to aid its paying of the reparations, which also set in place the loan cycle. This is an example of Stresemann’s peace and cooperation abroad. Stresemann and also set up the Young plan with America which allowed the reparations to be cut by two thirds bringing the total reparations to £2200 million. This also helped recover the German economy, because ...

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