chapter 5 - economic developments Flashcards
1
Q
stabilisation of new cuurency
A
aug 1923 - height of the hyperinflation crisis
cunos gov collapsed
replaced by new coalition led by stresemann (the grand coalition)
first in history of weimar republic to include parties from both the left and the right
stresemanns priority was to bring hyperinflation under control
2
Q
end of passive resistance
A
called off in september
highly unpopular and risky move
led to serious unrest and attempted beer hall putsch
ending passive resistance meant the gov stopped paying money to workers who refused to work for the french
essential step towards reducing gov expenditure
3
Q
issuing a new currency
A
