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In this episode, we’ll describe the economic recovery in Weimar Germany under Gustav Stresemann. We’ll talk about how his leadership introduced a new currency and negotiated the Dawes and Young Plans to manage reparations, leading to increased industrial production and exports. However, we’ll also discuss how the economy became overly reliant on American loans, making it vulnerable to the Wall Street Crash. We’ll explore how the withdrawal of American funds halted the progress of the Young Plan and contributed to a decline in global trade, worsening Germany's economic situation. Despite some advancements, persistent issues like unemployment and trade deficits revealed the recovery's fragility.
Don't miss out on subscribing for more educational content tailored to help you succeed in your exams. Perfect for AQA, OCR, Edexcel, CIE and WJEC exam boards.
Click here to see all of our GCSE History content!
In this episode, we’ll describe the economic recovery in Weimar Germany under Gustav Stresemann. We’ll talk about how his leadership introduced a new currency and negotiated the Dawes and Young Plans to manage reparations, leading to increased industrial production and exports. However, we’ll also discuss how the economy became overly reliant on American loans, making it vulnerable to the Wall Street Crash. We’ll explore how the withdrawal of American funds halted the progress of the Young Plan and contributed to a decline in global trade, worsening Germany's economic situation. Despite some advancements, persistent issues like unemployment and trade deficits revealed the recovery's fragility.
Don't miss out on subscribing for more educational content tailored to help you succeed in your exams. Perfect for AQA, OCR, Edexcel, CIE and WJEC exam boards.
Click here to see all of our GCSE History content!
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