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How did the political radicalization effect the economic situation of Germany?

Posted by Sanjay Kumar 5 years, 3 months ago

CBSE > Class 09 > Social Science

1 answers

Gaurav Seth 5 years, 2 months ago

Political radicalism and economic crises:

The birth of Weimar republic coincided with the revolutionary uprising of Spartacist league on the pattern of Bolshevik revolution in Russia.
Socialists, Democrats & Catholics opposed the demands for soviet style governance and met in Weimar for democratic republic. The uprising of the spartaciast was crashed with the help of war veteran organization called free corps
Spartacists founded communist party of Germany. Political radicalization increased in Germany. The French occupied industrial area Ruhr of Germany when it refused to pay gold as war reparations.
Hyper inflation occurred as Germany printed paper currency recklessly price rise was phenomenal. Finally America decided to bail out Germany & introduced the Dawes plan which reworked to ease the financial burden on Germany.

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