THE GREAT DEPRESSION 1929 1940
THE WALL STREET CRASH OF 1929
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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He quit
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He retired
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He died
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He became a flame eater and travelled the world
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Detailed explanation-1: -In early November 1923, partly because of the reaction to the overthrowing of the SPD/KPD governments in Saxony and Thuringia, the Social Democrats withdrew from his reshuffled government and, after a motion of confidence, he was voted down on 23 November 1923, after which Stresemann and his cabinet resigned.
Detailed explanation-2: -He faced several problems – Germany was on the brink of collapse, and groups like the Nazi’s were seeing a chance to take over. People were having to barter and swap things because money was worthless. The Young Plan (1929) basically agreed to the terms if the TOV in exchange for another loan.
Detailed explanation-3: -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.
Detailed explanation-4: -Gustav Stresemann, (born May 10, 1878, Berlin, Germany-died October 3, 1929, Berlin), chancellor (1923) and foreign minister (1923, 1924–29) of the Weimar Republic, largely responsible for restoring Germany’s international status after World War I.