Golden age Flashcards
Gustav Stressemann’s government
- ended passive resistance which reduced government spending
- Rentenmark, new currency in land and one rentenmark for one trillion old marks
- kept tight control on amount of money in circulation
- cut spending and raised taxes to reduce government debt.
Dawes plan
- total reparations bill stayed the same but annual payments were reduced from 1924-29
- a loan on 800 million marks from USA funded the investment in economy
- also led to the withdrawal of german and belgian troops from ruhr
economic recovery
- extensive foreign investment
- industrial output grew
- exports increased
- advances in new industries
- fewer strikes
- wages for industrial workers increased
economic weakness
- unemployment, 3 million unemployed in 1926
- imports increased more than exports
- increase costs
- famers suffered
- reliance on foreign loans made germany vulnerable
- middle class did not benefit
young plan
1929
- total reparations refused to 1.8 billion
- annual payments increased and the payment period set to 58 years
- allied occupation in Rhineland forced to withdraw
- faced fierce opposition from right wing parties
social welfare reform
- 1924, public assistance system modernized and gave basic assistance to the poor
- 1925, state accident insurance system extended
-1927, national unemployment insurance system was introduced
position of women
- “the new woman”, free, independent, sexually liberated and bigger opportunities in employment
- equal voting rights in elections
- right to be reichstag deputies
- became active in politics
- increased employment opportunities
- birth control widely available
though
- no women in cabinet or leaders of parties
- no requirement for equal pay within work places
- in many work places women were requested to give up employment when married
- decline in birth rate due to birth contour attacked
young people
- becoming more rebellious
- system of state in schools that divided people on class and religion
- youth groups flourished
jews
- more than 500 000 in germany and 80% in large cities
- most were fully members of german societies
- many bankers and financiers
- anti-semitism still strong amongst nationalist groups
- less apparent but still there
arts and culture
- american jazz
- expressionist movement that emphasized importance of emotion (Otto Dix)
- Bauhaus school
- mainly in cities
- strong backlash from nationalists
elections
- two elections in 1924 & 1928
- SPD gained seats in each of these and remained largest single party
- support for centre party declined
- KPD lost seats in the first and then gained them back in the second
- DNVP remained largest party in right wing
- Nazi party lost support
coalition government
- SPD not part of most coalitions
- frequency disputes over policy
- grand coalition, offered stable coalition and lasted nearly two years
election of Hindenburg
- elected as president in 1925
- positives; former military commander and soreassured conservatives that the republic was safe in his hands
- he respected wiemar government and did not abuse his powers
- appealed to political parties to work with him when restore national unity
- negatives; fundamentally a monarchist and was anti-democratic
- became increasingly impatient with party rivals and was prepared to use article 48 to bypass the reichstag whenever
Gustav Stressemann & the policy of fulfillment
aims:
- constant aim to revise the treaty
- settlement of reparations issue to reduce the burden
- end allied military occupation of the Rhineland
- protect germans living under foreign rule
- recover land in the east
- restore germany as a great power
methods:
- he understood that germany was too weak economically and militarily to start another war and saw no alternative peaceful cooperation between germany and the allies
achievements; locarno pact and relations with ussr
Locarno Pact
1925
- Stressemann suggested a meeting of the Western European powers to resolve some tensions over the borders and prevent want hostile alliances
- germany agreed to keep its troops out of of the rhineland and french agreed to withdraw their troops
- germany, france, belgium, poland and czechoslovakia agreed to settle disputes easily