Weimar Republic pros and cons

The positives and negatives of weimar germany

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Positive developments
By 1930 Germany was one of the leading exporters of manufactured goods
In 1928 industrial production surpassed prewar levels
Germany signed the Young Plan in 1929­ a final agreement on the issue of reparations
New currency was introduced 192324 ­ the Retenmark
The Dawes plan (Loans from America) in 1924 helped Germany greatly with financial troubles
Germany signed the Locarno Treaties in 1925 guaranteeing its Western borders with France and Belgium
In 1926, Germany joined the League of Nations, and was given a permanent seat in its council with France
and Britain.
Germany was lent 800 million marks by the USA in 1924 (Dawes Plan) to recover it's economy
Germany was trusted again
In 1928 60 countries signed the KellogBriand Pact to say that they would not go to war. Germany was
one of them.
Negative developments
Taxes were too high
Some areas (for example Farming) were in trouble throughout the 1920s
Unemployment was a problem ­ Germany's population was rising too fast for the economy
Farm workers in 1929 were earning half the national average
The inflation of 1923 has destroyed savings ­ so there was little money for investment.
Employers felt the government spent too much money on the poor
Stresseman refused to guarantee Eastern borders ­ he couldn't agree to the Polish Corridoor.
Nationalist oppose Stresemann's policies for being cautious and wanted him to completely reject the
Treaty of Versailles

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Germany depended on American loans which could be withdrawn at any time
There was nothing to enforce the KellogBriand Pact
Hindenburg was suspicious of democracy ­ asked the old Kaiser for permission…read more

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