Were 1924-1928 The ‘golden Years’ Of Weimar Germany Flashcards
What was the Dawes Plan of 1924 and how did it help Germany?
It reconstructed Germany’s reparations payments, reduced the annual amount and secured loans from the US, stabilizing the economy and contributing to the Golden Years
How did industrial production change in Germany between 1924 and 1928?
It increased significantly, surpassing pre-war levels by 1928, contributing to economic recovery and growth during these years.
What was the Young Plan of 1929 and how did it affect Germany?
Further reduced reparations and extended the payment period, providing more economic stability, though it came after the Golden Years and ad mixed support within Germany.
How did wages and living standards change during the Golden Years?
Wages rose, and living standards improved for many due to the stable economy, with greater access to consumer goods and better housing, particularly in urban areas.
What were the limitations of the economic recovery in Germany between 1924 and 1928?
Despite recovery, Germany’s economy remained dependant on US loans and unemployment was still relatively high in some sectors, highlighting underlying weaknesses.
How did the Weimar achieve political stability during the Golden Years?
It improved with fewer uprisings and moderate parties like the SPD gaining more support, however extremist parties like the Communists and Nazis still existed.
How did Cultural life in Germany flourish during 1924-1928?
The period saw a cultural renaissance with advancements in art, cinema, and architecture.
What were the foreign policy successes of the Weimar during the Golden Years?
Germany regained international prestige through the Locarno Treaties (1925) and by joining the League of Nations (1926), along with resolving border disputes peacefully, improving its diplomatic standing.
What were the signs of political stability during the Golden Years?
Despite relative calm, coalition governments remained unstable, extremist parties persisted, and President Hindenburg, elected in 1925, was anti-democratic, reflecting underlying tensions.
What economic policies did Chancellor Stresemann implement to stabilize the economy?
Introduced policies such as currency stabilization (introductions the Rentenmark) and negotiated the Dawes Plan, helping to restore confidence in the German economy.
