The significance of Gustav Stresemann can best be assessed when you consider his contribution in the economy in the short term and Foreign affairs in the long term. Ultimately, he was very significant because of the following reasons: the Young and Dawes plan, Germany’s improvement in their economy, their social status around other countries, and how Germany grew as a country. I find Gustav Stresemann the primary reason that 1923-1929 is considered “the Golden Years” but he was not significant in the eyes of certain Germans. Some Germans wanted a more extremist, even though he was already a nationalist. Stresemann’s …show more content…
The Young plan reduced the amount owed in reparations this was established in 1929. The Dawes plan of 1924 gave them more time to pay off the payments. These further helped inflation as well as give Germany an economic boost. Gustav’s significance is shown here because this gave Germany breathing room in finances. This makes Stresemann significant because in the long term he saved Germany money, and helped the residence of Germany have a tiny bit of breathing room. Before Stresemann’s chancellorship Germans were very poor and lived in poverty. Gustav Stresemann received loans from America for Germany. He built three million new houses, improved schools, built hospitals, and improved roads. Wages were improved for most but farmers were still poor. Stresemann’s significance from this is to a certain extent but still significant because it helped the culture and life style of …show more content…
Some historians say that the Wall Street collapse shows how weak the Weimar republic was. A lot of people argue that the recovery of the Weimar Republic was all an illusion, and they were still in crisis. Everybody said that their economic success and prosperity was why they recovered so much. But these were from American loans and if any thing happened to America and its economy, Germany would be in trouble. This shows how minor the economic growth was in the long term. Even after the economy recovered a little bit more, the Great Coalition collapsed. And the Parties started to argue again, if an extremist party tried to challenge them they would not be strong enough. Some were not convinced by the good times, like the extremist politicians. Right-winged nationalists hated the Republic party. The November Criminals were waiting for the right time to rise up and try to take over the Weimar