It’s 1923 and the German government is bankrupt, having spent all its gold reserves in the First World War. On top of this the Treaty of Versailles mean that the government can’t access the revenue from many areas that have previously been important wealth earners for the country, such as the coalfields in Silesia. And just to make it even worse, the German government has to pay hefty reparations to the Allies. #GCSEHistory #GCSERevision #WeimarGermany PATREON: https://www.patreon.com/alonglongtimeago ***---Useful resources---*** Revision Notes: - German gov bankrupt cuz it spent all its gold reserves in the war - Treaty of versailles exacerbated this - it took away wealth earning areas such as the coalfields in Silesia - made the Gov pay reparations - German Gov asked for reductions to reparations, but was refused as countries like France needed the money to pay off their debts to the USA - by 1923, it could no longer pay reparations - December 1922 Germany failed to send coal to France from the Ruhr coalfields like they had agreed to do - Jan 1923, France then sent troops into the industrial area of the Ruhr - they confiscated raw materials, manufactured goods and industrial machinery - the German gov urged passive resistance- going on strike and sabotage - the French then arrested those who obstructed them and brought in their own workers - germans resented the French but also many saw it as a failing of the weimar gov to resist the French - realistically the weimar gov had no choice- 750 000 in the French army, German army now limited to 100 000 - crippled germany - ruhr contained lots of factories and about 80% of German coal, iron and steel reserves - increased Germany’s debts - increased unemployment - worsened the shortage of goods - eventually came to an end when stresemann called off passive resistance in the ruhr, accepting the Dawes plan in 1924 & the French agreed to leave - they actually left in 1925 ***---Image attributions (taken from Wikimedia Commons)---*** Thumbnail "Blick vom Casino Hohensyburg" by qwesy qwesy, licensed under CC-BY 3.0 Source: https://web.archive.org/web/20161020110929/http://www.panoramio.com/photo/57186081 Licence: https://creativecommons.org/licenses/by/3.0/?ref=ccsearch&atype;=rich Author's Page: https://web.archive.org/web/20161020110931/http://www.panoramio.com/user/596286?with_photo_id=57186081 0:02 Attribution: Jürgen Matern (https://juergen-matern.de/) License: https://creativecommons.org/licenses/by-sa/3.0/deed.en 1:15 Attribution: Kai Point Coal Mine License: https://creativecommons.org/licenses/by-sa/3.0/deed.en 1:17 Attribution: Naseman License: https://creativecommons.org/licenses/by-sa/3.0/deed.en 1:19 Attribution: Mat Fascione License: https://creativecommons.org/licenses/by-sa/2.0/deed.en 1:31 Attribution: Vogelfreir License: https://creativecommons.org/licenses/by-sa/4.0/deed.en 1:39 Attribution: tbleek ***---Social Media---*** Twitter: https://twitter.com/alongtimeago_YT || @alongtimeago_YT Patreon: https://www.patreon.com/alonglongtimeago Insta: https://www.instagram.com/alonglongtimeago || @alonglongtimeago https://www.facebook.com/alongtimeagoYT/

• published: 02 Nov 2020
• views: 56382