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Essay

How far did the Weimar Republic recover under Stresemann?

Essay specific features

 

Issue:

History

 

Written by:

David W

 

Date added:

March 3, 2014

 

Level:

University

 

Grade:

B

 

No of pages / words:

4 / 1023

 

Was viewed:

1470 times

 

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Essay content:

For example, in 1918, a loaf of bread cost 0.63 marks whereas in November 1923 it cost 201,000,000,000 marks. The people of Germany suffered as Hyperinflation meant they were left penniless and confidence in the German economy had been lost. Stresemann decided to discredit the mark and replaced it with a new currency called the "Rentenmark"...
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The only way the new currency could be a success was for it be accepted and build people's confidence in the stability of it. He also called off the strike in Ruhr and began production again. Also Stresemann signed the Dawes Plan in 1924 meaning that reparation payment were spread over a longer period and secured loans of 800 million marks from the USA, which was poured into German industry...
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General issues of this essay:
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