HISTORY
WORLD WAR I AND THE RUSSIAN REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Stresemann
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Bethman-Hollweg
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Papen
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Ludendorff
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Detailed explanation-1: -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.
Detailed explanation-2: -In January 1923, the French and Belgian armies sent 60, 000 soldiers into the Ruhr region of Germany. The French aimed to extract the unpaid reparations and took control of key industries and natural resources. The Weimar Government instructed the Ruhr workers to go on strike, instead of helping the French.
Detailed explanation-3: -Hyperinflation reached its peak by November 1923 but ended when a new currency (the Rentenmark) was introduced. To make way for the new currency, banks “turned the marks over to junk dealers by the ton” to be recycled as paper.
Detailed explanation-4: -Stresemann introduced a new currency, the Rentenmark, to end hyperinflation. He also persuaded the French to pull back from the Ruhr in return for a promise that reparations payments would resume.