Was stresemann a good leader?

Was stresemann a good leader?

By this time Stresemann, who had moved to Berlin, was one of the best-known leaders of German economic life. He occupied leading positions in a number of trade associations, including the German-American Economic Association, established at his suggestion. Stresemann’s many offices brought him financial independence.

Who was Gustav stresemann and what did he do?

Gustav Ernst Stresemann (German pronunciation: [ˈɡʊstaf ˈʃtʁeːzəˌman] ( listen); 10 May 1878 – 3 October 1929) was a German statesman who served as chancellor in 1923 (for 102 days) and as foreign minister from 1923 to 1929, during the Weimar Republic.

How old was Gustav stresemann when he died?

51 years (1878–1929)Gustav Stresemann / Age at death

Why was stresemann only Chancellor for 3 months?

The end of hyperinflation Stresemann’s single greatest achievement as Chancellor was to end hyperinflation. He did this in just three months by: Calling off the ‘passive resistance ‘ of German workers in the Ruhr .

What happened after Stresemann’s death?

Stresemann’s death in 1929 robbed the Weimar Republic of one of its greatest defenders. How had Weimar Germany become by 1929 a peaceful relatively prosperous and creative society given its chaotic and crisis-ridden beginnings?

What happened to Stresemann?

Stresemann was Chancellor for only three months but continued to serve as Foreign Minister, rebuilding and restoring Germany’s international status until his death in October 1929, ironically just weeks before the Wall Street Crash that would end Weimar’s period of greater prosperity and stability.

How did Stresemann help Germany?

Gustav Stresemann and Recovery from the 1923 crisis. He scrapped the old Currency, the mark, and brought in a new one – The Renten (temporary) mark It stopped hyperinflation and made German money worth something again. People were able to buy goods and be properly paid, increasing confidence. ….

Who ended German hyperinflation?

The Reichsbank
On 15 November 1923 decisive steps were taken to end the nightmare of hyperinflation in the Weimar Republic: The Reichsbank, the German central bank, stopped monetizing government debt, and a new means of exchange, the Rentenmark, was issued next to the Papermark (in German: Papiermark).

Why did Gustav Stresemann fail?

Yet he was unable to integrate his own party, over which he jealously maintained leadership, into the Weimar state and thus failed, as he wrote in 1929, to form the bridge “between the old and the new Germany.”

How did Stresemann end hyperinflation?

Who became Chancellor after Stresemann?

Chancellor of the German Reich