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The Weimar Republic, [d] officially known as the German Reich, [e] was a historical period of Germany from 9 November 1918 to 23 March 1933, during which it was a constitutional republic for the first time in history; hence it is also referred to, and unofficially proclaimed itself, as the German Republic.
The refusal to admit the collapse of the German army gave way to the stab-in-the-back myth, which alleged that the government formed by the socialists betrayed the army by signing the armistice while still in a state of combat. German nationalism, incarnated by the defeated military, did not recognize the legitimacy of the Weimar Republic. [52]
The defeat of the forces of the far left cleared the way for the establishment of the Weimar Republic. The key factors leading to the revolution were the extreme burdens suffered by the German people during the war, the economic and psychological impacts of the Empire's defeat, and the social tensions between the general populace and the ...
Hyperinflation affected the German Papiermark, the currency of the Weimar Republic, between 1921 and 1923, primarily in 1923. The German currency had seen significant inflation during the First World War due to the way in which the German government funded its war effort through borrowing, with debts of 156 billion marks by 1918.
In Germany between the two world wars, inflation rose to such a point in the early '20s that a loaf of bread cost a million or more marks. Cities and townships printed their own money in a ...
The Weimar Republic in Germany gave way to two episodes of political and economic turmoil, the first culminated in the German hyperinflation of 1923 and the failed Beer Hall Putsch of that same year. The second convulsion, brought on by the worldwide depression and Germany's disastrous monetary policies, resulted in the further rise of Nazism ...
The Weimar National Assembly, which was responsible for writing a constitution for a new, democratic Germany following the overthrow of the Hohenzollern monarchy at the end of World War I, had the task of producing a document that would be accepted by both conservatives who wanted to keep the semi-constitutional monarchy of the Empire and people on the left who were looking for a socialist or ...
In the fourteen years the Weimar Republic was in existence, some forty parties were represented in the Reichstag.This fragmentation of political power was in part due to the use of a peculiar proportional representation electoral system that encouraged regional or small special interest parties [1] and in part due to the many challenges facing the nascent German democracy in this period.