Demise of the Weimar Republic

1335 WordsMar 31, 20136 Pages
The demise of the Weimar Republic did not occur due to one sole reason, but because of a number of short and long term factors. The economic, political and international pressure placed on the people of Germany ensured the loathing of the forced governmental rule. The immediate impact of the Great Depression of 1929, which has been debated and considered by most historians to be the dominant factor in the downfall of the ‘democratic experiment’ which subsequently led to continuous political instability ultimately saw the collapse of the first democratic government of Germany. Some historians generally blame the fall of the Republic on president von Hindenburg’s abuse of constitutional powers. Historian David Martin states that the…show more content…
Before the US dollar has been 4.2 marks, by 1920 it was worth 64.8 marks thus German taxation increased. Anyone with access to even a few pounds became a trillionaires over night. The losers of the hyperinflation were those with a fixed income, the working class, people living off their savings and wage earners. By June 1923, the government had lost control of the economy, as strikes swepped the country as workers protested about the rising unemployment and the failure of their wages to keep up with the cost of living. In August, the govenment finally fell, with President Ebert called for the leader of the German people party, Streseman, to form a new party. He formed the ‘great coalition’ which brought together left and right wing. In the next six years, German society picked up with the induction into the League of Nations, the Dawes plan of 1924 which provided foreign loans to Germany and the Young Plan which saw the reduction in Germany’s reparation figure by 95 million. The downside of Germany’s new economic prosperity meant that society was living off borrowed money and was over-dependant on foreign loans and investment. The economic power was concentrated in the hands of influential industrialists and bankers and employment was still on the rise. Within these six years, the Weimar republic surprisingly enjoyed a period of relative political stability.
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