The Golden Age 1924-1928 Flashcards
What was the rentenmark replaced with
Reichsmark in 1924
Dawes Plan
Stresemann- reperation would be 1,000 million marks, after 5yrs it would rise to 2,500 million- Germany was given an 800mil mark loan to help stabilise the currency
Young Plan
-Reduce the amount of reperations by 20%- did not come to fruition because of the Wall street crash- allies agreed to end the occupation of the Rhineland early
When was the wall street crash
1929
Agriculture
- Lost 15^ of its pre war agricultural production
Agricultural prices fell sharply between 1927 and 1929- output was less than 75% of 1913 levels by 1929
The need for agricultural modernisations
- Food imports were too low for German farmers to compete- needed to improve productivity and invest in machinery
-Protectionist tarriffs on importants to increase the price of food from other countries
Industry
-Bankruptcies increased because inefficient firms costs were too high- rose from 5,700-31,000 in 18 months 1925-27
-There was rationalisation and cartelisation- IG Farben (chemical companies)and Krupp(secretly supplied the German army in contravention of Versailles)
- Real wages grew every year and unemployment did not fall
8 hour days
- Ended in 1928
When did industrial production grow?
1924-29 with a blip in 1926 and by 1929 exports were increasing
What did unemployment not fall below
6%
National Welfare decree
1924, program of public assistance
National unemployment welfare scheme
1927- 17 million workers- sacking of pregnant woman was banned. Only women in domestic service, agriculture and very small companies were exempt
Education policies
-Elite preparatory schools abolished- 4 year basic schools
-200 exoerimental schools banned corporal punishment and grades
Impact of education policies
- Religious educational pressure groups- Protestant Parents league
- 1921-1927, students in state elementary schools dropped by about a third
-Percentage of women attending went from 7% to 17% by 1932
Cost of welfare reforms
-Nearly 40% spending went on war related pensions
-led to high tax of wealthier germans
New expressions
Art, Literature, Music, Theatre, Film, Architecture
Weimar Culture
-more liberal and influenced by Western countries such as America
Conservative response to Weimar Culture
- reinforcing their fears of a world in decay
- Nationalist parties spoke of morality , family values and traditional German culture
Law to Protect Youth from Pulp Fiction and Pornography
1926
Article 118
No censorship
Workers lifestyles
- unemployment remained over 6%
-overall living standards improved
Housing
1924-1931- 2 million new homes were built and almost 200,000 improved
Homelessness reduced
Government made low interest loans available
Womens lifestyles
Equal voting rights
41 women were elected as representatives in the Reichstag
In 1925- 36% of German workers were women
‘New Woman’
SPD
- Did not attract the middle classes- 1920s- took over 20% of the vote
May 1928-30% - Supported the Weimar Republic