Section 2 Flashcards
What were Stresemann’s main achievements as Chancellor?
- Controlling inflation
- Economic growth
- The Dawes Plan
- The great coalition
- The French leaving the Ruhr
- Foreign affairs
- Social reforms
What was the great coalition?
- A Weimar government lasting 103 days led by Gustav Stresemann containing parties from the left, right and centre
- The great coalition stabilised the currency, controlled inflation and saw off political threats from the right and left
What was the Dawes Plan of 1924?
- It was a plan that gave Germany a longer time to pay back its war reparations
- It worked by the US giving loans to Germany who could then pay back their reparations to France and GB who in turn would pay back their loans to the US
How was inflation controlled in November 1923?
- Streseman calles in all of the worthless notes and burned them
- He introduced the Rentenmark (worth 3,000m old Marks) and based that on gold reserves. This stabilised the new currency, as did increased taxes and lower government spending
How did Germany improve its Foreign relations during the Golden Era?
- In 1925 they signed the Locarno Treaty
- In 1926 they joined the League of Nations
How did Stresemann help German economic growth?
- Germany borrowed 25,000million gold marks, mostly from the US, which they used to build infrastructure
- Germany’s economy was stimulated by the loans and started to boom from 1924 onwards
- Inflation was close to zero and living standards grew
During the golden era, why did the number of strikes fall?
Strikes fell due to the introduction of compulsory arbitration. This is where an independent tribunal would settle the strike between the workers and company and who’s results were enforceable by law
What did Stresemann say about the economic position of Germany in 1929?
He described how Germany was ‘dancing on a volcano’ and that if short term loans were called in then the German economy would collapse. Some argue that he foresaw the Great Depression that happened later that year
What was the golden age not so good for the mittelstand?
- Many In the mittlestat Had savings which meant that were often bankrupted by hyperinflation
- Many were professional white collar workers and so they suffered from both stagnant wages and increased taxes
What triggered the French to leave the Ruhr
- The policy of passive resistance was called off in September 1924, and the French and Belgians left by 1925
- This was an essential first step in the economic recovery of Germany
What social reforms did Stresemann introduce?
- Stresemann built labour exchanges
- 3 million new houses were built to accommodate the growing population
How much was Social Welfare a success by 1929?
- By 1926 800k war veterans, 360k widows and 900k orphans were being supported by social welfare
- Unemployment insurance was introduced in 1927
- Benefits became available for single mothers and the disabled
- Due to the growing costs of benefits, means tests were introduced which delayed the payment of benefits
- Many of Those in need felt as though they were being humiliated by the wait times for benefits
How far was life for women a success by 1929?
- The Weimar constitution gave women equal voting rights and access to education
- Women were given equal job opportunities and equal pay
- By 1933 there were 100k female teachers and 3k female doctors
- Women enjoyed more social freedoms e.g. smoking, drinking, going out alone
- However, the 1896 civil code remained in place which meant that the husband had the right to decide all matters family related
- The League of German Women (BDF) had 900k members and promoted traditional family values. It was the largest women’s group in the 1920s
How much was life for the youth in Germany a success by 1929?
- Young people suffered disproportionately from unemployment (17% of the unemployed were 14-21)
- Many young people joined gangs/cliques
- The majority of those who went to good gymnasium schools were upper or middle class
- Youth groups began in 1890 and continued through the Weimar period
- The main political parties had their own youth group wings
How much was life for Jews a success by 1929?
- Of the more than 500k Jews in Weimar Germany, 80% (400k) were well educated and lived in big cities
- Many Jews believed in assimilation, integrating whilst maintaining their cultural identity
- Jews had a disproportionate amount of influence in relation to their population size most notably in publishing and the arts
- Jews were very prominent in politics and Jewish run newspapers supported political parties from across the political spectrum
- 18% of banks were run by Jews, 16% of Lawyers were Jews, 11% of Doctors were Jews, 24% of German Nobel Prize winners were Jews
- By The 1920s Jews had integrated vey well, however far right groups had stared to provoke feelings of Anti-Semitism by spreading the myth that there was a threat of Jewish Bolshevism