How Successful Was Gustav Stresemann in Aiding a German Recovery 1923-29
Stresemann came into the main political scene in 1923. It was in this year when he became Chancellor of Germany for a few months. It was during this short spell as Chancellor that he made some big changes that helped Germany in the long run.
The first thing Stresemann did when he came to be Chancellor was to introduce the Rentenmark. This replaced the old Deutschmark, which had become worthless due to hyperinflation due to the money the government had poured into the country after trying to stabilise the German economy. This meant that people had money that was valuable again and people wouldn't have to rush out to buy things when they got their wages in wheelbarrows. There wasn't anything that was bad about the introduction of the currency; it had a huge positive impact on the economy.
The next thing he did when he became Chancellor was to end passive resistance. This helped Germany because it brought the industrial output of Germany back up. This made sure that Germany started to have money going through the economy again. Also it started to get the French troops out of the Ruhr, which they had invaded in an attempt to force German people to work and take the goods they made as payment. …
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