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The Weimar Constitution included these highlights: • The German Reich is a Republic. • The government is made of a president, a chancellor and a parliament (Reichstag). • Representatives of the people must be elected equally every four years by all men and women over age 20. • The term of the President is seven years. • All orders of the President ...

Despite its new constitution, the Weimar Republic faced one of Germany’s greatest economic challenges: hyperinflation. Thanks to the Treaty of Versailles, Germany’s ability to produce revenue-generating coal and iron ore decreased. As war debts and reparations drained its coffers, the German government was unable to pay its debts. Some of the forme...

Germany elected Gustav Stresemann as their new chancellor in 1923. He ordered Ruhr workers back to the factories and replaced the Mark with a new currency, the American-backed Retenmark. In late 1923, the League of Nations asked U.S. banker and Director of the Budget, Charles Dawes, to help tackle Germany’s reparations and hyperinflation issues. He...

Much of the Weimar Republic’s recovery was due to a steady flow of American dollars into its economy. But unbeknownst to Germany, America had positioned itself for an economic disaster of its own as it faced growing unemployment, low wages, declining stock values and massive, unliquidated bank loans. On October 29, 1929, the U.S. stock market crash...

During hyperinflation, the German middle class bore the brunt of the economic chaos. When another financial crisis hit, they grew weary and distrustful of their government leaders. Searching for new leadership and fearing a Communist takeover, many people turned to extremist parties such as the Nazi Party led by Adolf Hitler, despite his unpopular ...

1929: A Turning Point During the Weimar Republic. Facing History and Ourselves. Charles G. Dawes: Biographical. Nobelprize.org. The Enabling Act. United States Holocaust Memorial Museum Holocaust Encyclopedia. The Weimar Republic. United States Holocaust Memorial Museum Holocaust Encyclopedia. The Weimar Republic and the Third Reich. Wesleyan Unive...