GOLDEN YEARS 1924-29 Flashcards
Arguments for political stability during GY’s
No uprisings
Arguments against political stability during GY’s
Decline in liberals
6 coalition governments
Most did not have a majority
Why was the electoral decline in liberals significant?
Because it undermined the foundations of the republic
Positive for production?
1928 levels back to that of 1913
Negative for economic growth?
1926 production actually declined
Negative for saving and investments?
Hyperinflation discouraged saving and investments so income relied on foreign capital
Negative for Dawes Plan
Very dependent on American loans
Economic growth compared to France, Britain and USA?
Germany was behind
How much of GDP did reparations make up?
2%
Unemployment levels
1.3 million at highest- good
Did unemployment increase or decrease during GY’s?
Increase
Welfare
Improvements- sickness and pension benefits
Negatives of welfare during GY’s
Industrialists resented welfare state
Which groups were hostile to the regime?
Junkers and peasant farmers
Negatives to employment and work
Industrialists and workers both refused to co-operate
Successes of foreign policy during GY’s
Fulfilment proved the Treaty was unrealistic
Improved relations with USSR
Sympathy from West
Failures of foreign policy during GY’s
War guilt clause still a sore spot- Hindenburg 1927 speech showed this
Successes in womens rights
11 women elected to the Reichstag
Failures in women’s rights
Did work, but had unequal pay
1932 law allowed women to be dismissed from work if they were a second earner
1928 elections-presence of extremism
KPD gained over 10% and Nazis made gains in northern rural areas
How many farms were running at a loss in 1928?
1/3
By 19__, production levels were that of 19__
By 1928, production levels were that of 1919
Wages
Hourly wages rose
Maximum working week
48 hours
Over _ million houses built between 19__ and 19__
Over 2 million houses built between 1924 and 1931
Homelessness reduced by __%
60%