Political and Governmental Change, the Golden Years

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  • The "Golden Years" - Stresemann
    • Loans for reparations
      • 1924 Dawes Plan
      • 1929 Young Plan
      • "Dancing on a volcano"
    • Stabilised politics by trying to get coalitions to compromise and work together
    • 1926 Germany join the League of Nations
    • Germany seen as acceptable foreign policy again. Countries happy to trade.
      • Produced stability needed for recovery
    • 1923 introduced Rentenmark. Replace worthless currency
      • Restored people's faith in economy and government - political stability
      • Protested by people who had savings
    • Government used emergency decrees to control wages and rents, etc.
      • Stabilised economy and restored faith in government

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