• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Was 1924-29 A Political And Economic Golden Age?

Extracts from this document...


In order to assess whether or not these years were actually part of a golden age for Germany, we must compare it both economically and politically with the years immediately before and also the economic and political progress of other countries of similar size, power and development during the same time period. A significant improvement on previous years and improvement on similar or better scales to rival the other major nations would indicate a golden age. Immediately before the period we are looking at, Germany was suffering from inflation and ultimately hyper-inflation as well as a depression after the period we are looking at, in 1929. This would indicate some sort of recovery in the six years between these dates. Economically, Germany was heavily dependent on the after-effects of the Dawes Plan of 1924 which rescheduled the payments of reparations due from Germany and spread the burden according to prosperity. This along with American loans enabled the expansion of German industry and the implementation of new industrial techniques used by the other powerful nations. The government was channeling all it could into industry and public work schemes (such as swimming pools, opera houses and huge apartment blocks), increased welfare benefits, better industrial relations ultimately resulting in greater prosperity being shared by the population as a whole. ...read more.


There was split opinion over where any increasing profits should be spent with socialists feeling that wages should be increased and industrialists arguing for more investment in already saturated markets. Unemployment was never really addressed also. Slight falls took place between 1926 and 1927 after which point it continued to rise. The agriculture sector saw nothing of the prosperity being experienced elsewhere. Increased competition from overseas producers who had been more rapid in accepting modernization practices resulted in lower prices and the benefits of greater efficiency were never felt by German farmers who actually saw decreasing agricultural prices. Between 1924 and 1929, the political system also appears to have been stable. In previous years we had seen the Spartacist uprising, the Kapp Putsch, and the Munich Putsch as well as many political assassinations. However, during this period there were no such events. Parties in opposition to the Republic were in the decline on both the left and right. Between the 1924 and 1928 elections for example, the extremist KPD party saw a decrease in its number of seats, as well as the DNVP and the Nazis also. At the same time, all the parties expected to support the republic were increasing their representation. ...read more.


The Reichstag always felt under threat. Both the economic and political situation in Germany between 1924 and 1929 seem, on the surface to be very stable and possibly veering to what can be referred to as a 'Golden Age.' However, both had fundamental flaws which became apparent immediately after the end of this period. For example, the prosperity seen by some Germans was always very fragile due to its reliance on foreign success, primarily USA. Even whilst this so called 'golden age' was around, the agricultural industry was suffering badly and consumer demand was not high enough to take advantage of the increased efficiency in industry. Politically, support for the Weimar Republic seems to have merely been a rejection of Communism rather than support for Weimar, and support decreased continually with every agreement giving in to foreign nations, made by Stressemann. The right wing extremist parties were gradually building support and it can now be seen that the fault lines were apparent during this period which were later to cause collapse and the depression of 1929. Therefore I don't think it would be correct to refer to this as a 'Golden Age' although there were significant improvements when compared to the period immediately preceding this one. By Amandeep Bindra ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Germany 1918-1939 section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE Germany 1918-1939 essays

  1. How golden were the "Golden years"1924-29?

    Gustav Stresemann described the situation as "dancing on a volcano" The new Welfare state took up 17% of Germanys income which meant that taxes had to go up. The German Retenmarks value was based on land as opposed to gold which could have been a bad idea because the land may have become baron making the land worthless.

  2. 'Was 1924-29 a Golden Age for the WeimarRepublic? '

    to be understood by ordinary people, and they believed that art should comment on the society of the time.

  1. How far was 1924-29 a golden age in weimar germany?

    A new currency was introduced, the Rentenmark, by Gustav Stresemann to stop hyperinflation. This decreased the support for the extremist political parties, like the Nazi's and communists because the government was starting to stabilize Germany. Moderate pro-Weimar parties tended to win elections.

  2. 'The year 1924-29 were golden ones for the Weimar Republic' Do you agree with ...

    had wasted their time in staging the protest and it seemed like another 'stab in the' moment. Also the government gave into international demands of paying reparations and promised to uphold western boundaries. The public opinion to this was that the government had given into the demand of the enemy.

  1. To what extent did the period 1924 - 1929 represent a golden age in ...

    Despite this increased production there was no enlarged volume in foreign trade so, even with consumer demand filling part of gap, mass production was not entirely useful. Real wages and standard of living both rose in this 'Golden' age. But the increased income only paid for the higher cost of

  2. Thr opposition of the Church.

    Cultural Resistance of Youth: Edelweiss Pirates & Swing Youth Although many youngsters opposed Nazism in the early days of the regime; youth opposition grew as the war progressed. While Joseph Goebbels and other party members repeatedly claimed victory on the Russian Front; evidence provided by returning soldiers and BBC broadcasts presented another story.

  1. Weimar, 1924 - 1929

    * The economic situation had drastically changed. Sir J Wheeler-Bennett "Germany was on the road back to stability." 4. Hitler Regains Control On his release from prison, Hitler had a lot of work to do to restore his party. a.

  2. Nazism and the New Age.

    Plato, Nietzsche, Goethe and Pythagorus - who shared Hitler's dream of the Holy Grail and a new-age return of the ancient Hyperborean godmen with their "sacred sciences". The English publisher is MacMillan (1974), McGraw-Hill (1975) in paperback.] Hitler turned against Christianity from his early teens and sought his destiny in the occult.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work