To What Extent Was Gustav Stresemann Responsible for the Increased Stability in Germany in the Years 1924-1929?

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To what extent was Gustav Stresemann responsible for the increased stability in Germany in the years 1924-1929?
Between the years of 1924 and 1929, Gustav Stresemann had a huge influence over Germany and helped it regain stability after World War One and hyperinflation. Before he took charge and became chancellor in 1923 Germany’s economy was extremely unstable, Stresemann came to power to resolve many of Germany’s issues. There were many reasons why Stresemann was responsible for the stability, some of these included the end of passive resistance, the Dawes plan and the change in currency, all of these were good factors however some did hold some negative effects, He focused on improving the economy, relations with other countries and improving the social aspects of living. Although Stresemann’s actions and policies had both good and bad sides, overall it was because of these that Stresemann is responsible for the regained stability of Germany.
Stresemann changed the currency when he became chancellor after 1923 from the deutch mark to the Rentenmark, this put an end to hyperinflation. Hyperinflation meant that the German currency became almost completely worthless with price rising by thousands from one day to the next. By making this change, Stresemann gave the Rentenmark a better value and allowed Germany to get out of the, what seemed endless, hyperinflation. However this had a negative effect too as the money the middle and working class lost during hyperinflation, they did not get back, this meant that they were unhappy with Stresemann’s change, but would have also been doomed without it. Also in addition, the economy was helped when Stresemann lowered the prices in Germany, this allowed more people to invest within Germany.
The introduction of the Rentenmark helped Germany become more economically stable. Stresemann did not stop there; he also put an end…...

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