Weimar Germany: Economic developments and polcies 1918-33

  • Created by: MORGANA
  • Created on: 05-05-18 21:26

Economic developments and policies

1918-33

Social Welfare:

  • After the war, the government set up retraining schemes for those who fought in the war, provided loans until soldiers could find work.
  • Set up pension payments for the wounded, widows and orphans.
  • Weimar government was liberal so made efforts to make adequate provisions, with natural committees to oversee care in the Lander.
  • Both federal government and Lander provided layer of support.
  • Variety of social welfare programmes for different groups.
  • 1920 - 1,537,000 diabled veterans, 1,945,000 survivors.
  • Government looked after them with a mixture of lump sum payments and pensions.
  • 1924 - government supporting 768,000 soldiers. 420,000 war widows with 1,020,000 children and 190,000 parents of dead soldiers.
  • 10% of the population were receiving federal welfare from the government and many more were regional poor relief.
  • Payments had to be paid by the government that had to go into debt to make them.

Debt and reparations:

  • The government borrowed heavily during the war; by 1918 it owed about 150 million marks.
  • The policy of reparations laid down in the Treaty of Verasailles put the government into a deeper debt.
  • First the government tired to meet the payments and carried on brorrowing and printing money.
  • If the government changed the economic policy it would be unable to meet these payments.
  • From 1921 - Germany was negotiating with the Allies as to how much they should pay and when the payments can be made.
  • The Allies, especially France, felt Germany was purposely trying to avoid their payments.
  • They argued that the economt had problems but so did other European countries.
  • Until 1924 - reparations were paid in kind…

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Weimar Germany: Economic developments and polcies 1918-33

  • Created by: MORGANA
  • Created on: 05-05-18 21:26

Economic developments and policies

1918-33

Social Welfare:

  • After the war, the government set up retraining schemes for those who fought in the war, provided loans until soldiers could find work.
  • Set up pension payments for the wounded, widows and orphans.
  • Weimar government was liberal so made efforts to make adequate provisions, with natural committees to oversee care in the Lander.
  • Both federal government and Lander provided layer of support.
  • Variety of social welfare programmes for different groups.
  • 1920 - 1,537,000 diabled veterans, 1,945,000 survivors.
  • Government looked after them with a mixture of lump sum payments and pensions.
  • 1924 - government supporting 768,000 soldiers. 420,000 war widows with 1,020,000 children and 190,000 parents of dead soldiers.
  • 10% of the population were receiving federal welfare from the government and many more were regional poor relief.
  • Payments had to be paid by the government that had to go into debt to make them.

Debt and reparations:

  • The government borrowed heavily during the war; by 1918 it owed about 150 million marks.
  • The policy of reparations laid down in the Treaty of Verasailles put the government into a deeper debt.
  • First the government tired to meet the payments and carried on brorrowing and printing money.
  • If the government changed the economic policy it would be unable to meet these payments.
  • From 1921 - Germany was negotiating with the Allies as to how much they should pay and when the payments can be made.
  • The Allies, especially France, felt Germany was purposely trying to avoid their payments.
  • They argued that the economt had problems but so did other European countries.
  • Until 1924 - reparations were paid in kind…

Comments

No comments have yet been made