Weimar republic recovery

• who was Gustav stresemann?

  German politician since 1907
• Stresemann was briegly the chancellor in 1923
• hyperinflation crisis 


  stresemanns solution: stopper the printing of old money and replaced it with a temporary, new currency called the Rentenmark
• The Rentenmark was successful as prices fell rapidly and inflation stopped
• the rentenmark had no gold backing but people trusted it because they knew that the German government would pay them back
• In 1924 the Rentenmark was replaced by the Reichsmark, a stable currency that remained for the next 25 years
• French and Belgian troops invaded the area of the Ruhr when Germans stopped paying reparations


  Stresemanns solution : Met american vice president Charles dawes and USA lend Germany 800 million gold marks this deal was known as the Dawes plan
• Germany no longer considered a great power, Germanys status in the world war had declined


  Stresemanns solution : In 1925 Germany signed the Locatno pact with britain france and italy promising never to invade eachother l
• In 1926 Germany joined the League of nations
• German industries were in trouble

  Steersman’s solution: Stresemann used some of the money borrowed from the USA to build new factories, houses, schools and roads
• Stressmann died of Stroke in 1929