Weimar Golden Years

1924 - 1929

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Politics

  • Relative Stability in the 20s - no extra parliamentary actin like in 1918-23 (Spartacist uprising or Munich Putsch)
  • Nature of the political parties in Germany was not likely to be most successful in Weimar Republic's electoral system
  • Parties mainly acted in their own interests and interests of own section of supporters, rather than as national parties of Government representing everybody.
  • Proportional Representation not totally successful - each party got seats based on the votes they were given.
  • Parties unwilling to form coalition - problems faced by the Weimar Government were not tackled.
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Dawes Plan 1926

  • Stresemann's aims: Raw materials; new markets for goods;new sources of capital; bring back confidence in German economy
  • Stresemann wanted to focus on the pressuring issue of reparations
  • Plan produced by economists and experts lead by American banker 'Charles Dawes' 
  • Committees proposals: France would leave the Ruhr; longer period of time to pay the reparations; credit given to Germany to help rebuild the economy; allied supervision would reorganise the Reichsbank; reparation payments not allowed to threaten stability of the German currency
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