WORLD HISTORY

Detailed explanation-1: -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-2: -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. ….

Detailed explanation-3: -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-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.

Detailed explanation-5: -3. Stresemann served as German chancellor briefly in 1923, ending passive resistance to the Ruhr occupation before his coalition collapsed and he was replaced by Wilhelm Marx.