Weimar Government and the Treaty of Versaillies

The effects of the Treaty of Versaillies on the Weimar government including reparations, the Rhur and hyperinflation

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  • Created by: Lollipop
  • Created on: 03-06-12 10:43

Effects of the Treaty of Versaillies on the Weimar

  • Germans were appalled by the Treaty
  • the people turned there fury on the Weimar government
  • they blamed them for the Treaty of Versaillies as they had signed it
  • political opponents of the Weimar government used this hatred to get support for there own political parties
  • many people thought they had been 'stabbed in the back' by the government
  • they thought the government had betrayed them
  • the reparation payments of £6.6 billion from the Treaty of Versaillies caused an economic crisis in Germany
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The Rhur and Reparations

  • in 1922 reparations were not paid as the government wanted to get more time to pay them off
  • however, the Allies grew impatient as they too had debts to pay to America from the war
  • so in  1923 French and Belgian troops entered the Ruhr and took what they were owed in raw material and goods
  • this was disastrous for Germany
  • German workers we ordered to go on strike so that nothing could be taken by the Allies as production stopped
  • the French reaction to this was to kill over 100 workers
  • the halt in German production caused the collapse of the German currency (marks)
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Hyperinflation

  • there were no goods to trade in Germany so the government decided to print off more money
  • this meant they could pay off there debts
  • but because there was more money in circulation prices went up
  • this lead the money to become worthless
  • workers had to use wheelbarrows to take home there wages and there were paid daily instead of weekly
  • poor people suffered but the rich people that had savings saw there money become worthless
  • the price of a house in 1921 couldn't buy a loaf of bread in 1923!
  • it was clear that this situation needed urgent action so in 1923 Stresemann took over
  • he called off the passive resistance in the Ruhr and burned the marks and created a new currency (Rentenmarks)
  • he helped create the Dawes Plan and renegotiated reparation payments
  • he solved Germany's economic crisis
  • Hyperinflation had damaged the Weimar government and its opponents had something else to blame them for so the Weimar government lost much support
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