Golden Years of Weimar Government
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?- Created by: Jasmyn
- Created on: 23-03-15 20:27
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- Golden Years of Weimar Government (1924-29)
- Chancellor Stressman/ Foreign Policy
- Aimed to restore Germany's economic and sort out Germany's international weakness
- Called off passive resistance in the Ruhr
- Locarno Pact (1925) - stabilized Germany's relations with France, agreeing to a border between the two countries
- HOWEVER. Doesn't represent s a change in France attitude, no political withdraw
- Dawes Plan (1924)
- Reduced Germany's reparation payments to 1 million gold marks over 1924-1929
- Germany receive loans from america to help German Economy
- HOWEVER. Lack support from the Riechstag who did not want to pay the reparations at all
- Created new Currency 'The Rentenmark' tied to industrial and agriculture
- HOWEVER. Treaty and 'Stab in the back' myth contiuned to undermine the Weimar
- Called off passive resistance in the Ruhr
- Aimed to restore Germany's economic and sort out Germany's international weakness
- Politics
- (1928) - 76 per cent supported pro-weimar Government. Support for Nazi's low (2.6 per cent)
- HOWEVER. Support for extremist reduced but was high with a quarter of people voting for parties (KPD, German People obtained 10.6 per cent in 1928)
- Hindenburg chose a SPD Chancellor in spite of his hostility to Socialism
- HOWEVER. Hostile to the idea of working with SPD before 1928.
- (1928) - 76 per cent supported pro-weimar Government. Support for Nazi's low (2.6 per cent)
- Economics
- More money available for growth in industry and agriculture
- HOWEVER. No growth in Agriculture; recession from 1927
- Inflation remained low and Loans from the USA (mainly) aided to infrastructure of Germany (25.5 billion marks loaned between 1924 to 1930)
- HOWEVER. Germany heavily reliant upon USA, leaving Gemany vulnerable to Us problems.
- Unemployment remained considerably high; 3 million out of work in 1929.
- German economy behind Britain and France
- More money available for growth in industry and agriculture
- Chancellor Stressman/ Foreign Policy
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