Gustav stresemann significance of the study


Significance of the study pdf.

Gustav Stresemann hyperinflation

The hyperinflation experienced by Germany was among the worst cases of monetary devaluation ever recorded.

Gustav stresemann cause of death

In 1923 hyperinflation reached its peak in Germany, almost causing a collapse of not only the German economy but its society as well.

Fig. 1: Gustav Stresemann

Germany was failing to make reparation payments in time.

This led to France's occupation of the Ruhr, one of Germany's key industrial zones.

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Stresemann made it his mission to rescue Germany from the economic turmoil. To do so, Germany would have to concentrate all of its political might on rebuilding its economy.

With the French occupation of the Ruhr, the German economy was further destabilised.

Rebuilding the German economy would need cordial relations with Germany's neighbours, especially France.

Gustav stresemann significance of the study

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    • Fig. 2: Occupation of the Ruhr

    As a first step, Stresemann introduced a new currency into the German system, the Rentenmark. The novelty of the Rentenmark was that it gave German citi