How far did the weimar republic recover after 1923?

Answer 1

Weimar-Germany recovered from its problems in 1928 by agreeing to pay reparations as well as bringing workers back to work and ending passive resistance. The workers were no longer on strike. Gustav Stresseman helped Germany recover from hyper-inflation by changing the currency, agreeing to pay reparations, and borrowing money from America. The Dawes Plan was a huge achievement to Germany as they were given longer to pay reparations which meant the amount they had to pay each year was less. Also the Young Plan decreased the amount Germany had to pay because everyone had better relationships with Germany. A new government was formed and Germany was paying reparations as foreign banks were lending them money and America was lending huge loans to Germany, over 800 million. This meant Germany had more then enough to pay back reparations. Germany also invested in a new economy and built new machinery, buildings, hospitals, schools, factories. Germany became a lot richer and the industry took off. By 1928 they were producing the same amount as they had before the war, by 1929 they were producing 33% more then before the war. Germany was the most successful economy and had the fastest recovery than either Britain or France. Factory workers' pay increased hugely and their working conditions improved as well. All of their success were because of American loans, however the loans could be called back at any time.

Germany had recovered from all of its problems by 1928 and was doing just as well as they had before the war. However as all of their successes were because of loans, Germany was at risk and as Stresemann said "Germany was dancing on a volcano"

Answer 2

Also another thing Stresemann did was to improve the German economy. The economy had been suffering from hyperinflation in the early 1920s. This was due in part to the passive resistance to the French occupation of the Ruhr after WWI. Stresemann put an end to this passive resistance. He also introduced a new currency to take the place of the old currency that had been devalued by the hyperinflation. Finally, it was under Stresemann that Germany agreed to the Dawes Plan, which reduced the annual reparations payments that were due and made them somewhat contingent on how the German economy was doing. All of these actions helped to stabilize the economy, which in turn promoted political stability.