Weimar Republic Under Stresemann (Problems)

Economy

• Economic boom was precarious - USA could call in loans at any time - cause ruin.
• Economic winners:
  • Big businesses - (steel and chemical etc.)
  • Big landowners in towns - value of land increased
  • Big industries - Weimar government was sympathetic, improved pay and conditions
• Economic losers:
  • Peasant farmers, sections of middle class - increased production in war time, but now peace brought overproduction - mortgages to pay, not enough demand for food
  • Small shopkeepers felt threatened by large department stores (most owned…