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The crisis in Germany in 1923, marked by hyperinflation and political instability, ended with the introduction of a new currency, the Rentenmark, in November 1923. This reform stabilized the economy and restored public confidence. Additionally, the political situation improved with the implementation of the Dawes Plan in 1924, which restructured Germany's reparations payments and facilitated foreign loans. These measures helped stabilize Germany and laid the groundwork for economic recovery in the following years.

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1w ago

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