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Economic Stability in Weimar Germany 1924-1929

Weimar before 1924: (see notes on economic threats)

The Weimar Republic was born out of German defeat in World War I. Many
associated the Weimar Republic with the defeat and the hated Treaty of
Versailles.
Germany struggled to accept democracy and both left-wing and…

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1928: National income in Germany was 12% higher than it was in 1913.
1929: Young Plan. The `time-frame' for payment of reparations would be extended
(paid over next 59 years) the amount to be paid would be reduced (cut from 2,500
million marks a year as agreed in 1929 to…

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- 1928: 3 million people unemployed (14.5% of workforce).
- February 1929: 17.7% of population unemployed. Unemployment actually rose.
- Budget deficit exacerbated by the creation of `insurance fund'.
- 1927: The Law on unemployment insurance stated that the fixed benefit had to be
paid to all those who out…

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For what reasons did the German economy show signs of recovery in the period 19241928?

Welfarism extended in the Weimar Republic which highlights commitment of the Weimar
Governments to provide a decent standard of living for all in Germany. The Insurance Law of 1927
allowed 17 million workers to be…

Comments

NZLHistory

Colour coded notes analysing the success of the Weimar economy, Very useful

BIGMANTINGYUNO

pretty peng if you ask me

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