To what extent could the period 1924-29 be described as one of the political, economical, social, cultural and diplomatic stability? The period between 1924 and 1929 was sometimes referred to as the ‘Golden years’ of the Weimar Republic, this is in some ways appropriate. At this time Germany’s international image was improving, the economy was beginning to recover; socially the countries welfare systems were being strengthened, and the cultural aspects were flourishing. Contrary to this there was a huge sense of political instability and conflicts that would not go away, especially within the working environment. Many would refer to this as relative stabilisation but not completely.
How ‘golden’ were the golden years of Weimar in the period 1924-1929? The Weimar Republic was a state born out of crisis after Germany had been defeated in World War I and Kaiser Wilhelm II had been forced to abdicate. While the years of Weimar to seem ‘golden’ in comparison with preceding years, as there were no putsches and it was relatively stable politically it could be argued that on a larger scale there were still fundamental flaws within the Weimar regime, shown through the vast amounts of unstable coalitions, thus indicating that the years of Weimar were not as golden as originally perceived. A factor which seems to suggest that the golden years of the Weimar republic in the period 1924-1929 were ‘golden’ is the fact that economic stability was returned to Germany, mostly through the actions of the foreign minister, Stresemann. Stresemann ended the hyperinflation crisis of 1923 by introducing a new currency, the Rentenmark, which was backed by US loans to replace the now worthless mark.
This general shift to the centre ground gained voters back, who had previously been Labour, but had voted Conservative recently. These reformers were not against socialism however and previously, many were socialists, yet they saw the need for voters, rather than ideology. Further, New Labour was a lot less socialistic when it came to economic policy. In fact, New Labour adopted a Keynesian approach to the economy, much like the New Right. The Third Way has been enthusiastic when it comes to capitalism.
Introduction The Labour Governments of 1946-1970 and 1974-1979 faced many problems when they came into power and during their reign; they both inherited a bad economy and came into power they won with a small majority of 3 and 4 seats respectively- both of these factors contributed to the hostility that they received from the general public, and led on to Labour finding it difficult to pass any legislation as well; with a large majority it is easier to pass legislation as there is fewer members of the opposition party to oppose the propositions. Although they faced many challenges, the economy did slowly begin to pick up and pressure began to ease off of the Labour Government, albeit not for long. Successes Labour during these time frames had a few accomplishments; must importantly the changes to society that they made. The Society of the Protection of the Unborn Child and the Abortion Law Reform Association, and the heavy influence that the Thalidomide Disaster gave them, managed to sway public opinion in favour of bringing about a Social Reform to Abortion; it should be made legal- The Abortion Act 1967 permitted legal termination of a pregnancy within 28 weeks, under medical supervision and with the written consent of at least two doctors. This social change helped fortify Labour power and influence upon British politics.
Question: To what extent can the period between 1924-1930 be classified as the golden years of Weimar Germany? The period between 1924-1930 marked the resurgence of Germany as a cultural and political power in Europe. Germany began to recover from its crushing defeat in the war thanks to the resolution of a host of issues that were plaguing its very foundation, namely the partisan divide of its politics, the disastrous hyper inflation, and its isolated status as a state. In contrast to the previous five years, it enjoyed relative prosperity, social advancement, and stable international relations. It is for these reasons that this essay will argue that the period between 1924-1930 in Weimar Germany can be appropriately termed as the Golden Years.
“Germany experienced a period of political calm, economic development and social progress in the mid 1920s.” How far do you agree with this judgement? The Stresemann years of 1924-29 have often been portrayed as the “golden years” of Weimar Germany; however this idea has been challenged my many historians. During this period there was an element of political calm but it was mainly typified by political inaction and a failure of coalition governments to agree on any important issues. Economic development did occur but was minimal, and the period was one of slow economic growth and “relative stagnation”. Similarly, there were several signs of social progress and cultural development, but the years were significantly characterised by cultural polarisation.
Economic factors such as the ever improving state of the economy was also improving the cracks in society, improving lives for most and allowing ideas to spread more easily. The deep rooted social divisions quite clearly showed that the nation was not united. Germany was still a hierarchy with those at the top being hugely better off compared to those at the bottom. The wealth and social divide was massive with the rich getting richer and the poor getting poorer. These divisions existed since before the unification but yet weren’t improved, in fact they were getting worse with the divides getting bigger and people feeling more abandoned and worse off.
Mussolini’s economic policies can be seen as improving the standard of living of ordinary Italians. This was done by the initial liberal economic policies, the policy of autarky which resulted in the ‘battles’. However, Mussolini’s economic policies can be seen to not improve the standard of living because of the failures of the ‘battles’, the early recession, the rise in cost of living and the drop in income. One of Mussolini’s economic policy that helped to improve the standard of living was the economic policy Autarky. Mussolini wanted Italy to survive on self-sufficiency -which wasn’t surprising for a nationalist country.
The years 1924-1929 were seen as the golden period for Weimar Germany both politically and economically. There were many achievements at this time such as the introduction of a new currency and the signing of treaties which many people considered to be signs of economic and political stability. To a certain extent there was stability in Germany however there were factors such as reliance on foreign loans and the change in government which arguably showed that Germany was not in a stable position after all. Political stability is when a state of peace is experienced both in and out of the country due to the activities of the government and economical stability can be shown when a country has steady and constant growth without any inflation. To a large extent Germany was very economically stable as Stresemann introduced a new currency and gained loans from the USA under the Dawes plan.
I do not say here that it does not impact at all, but the impact is less. The company can sell its products with better margins if the economy is growing and can earn better profits. Unemployment has a concern on almost all the industries, including FMCG. Unemployment decreases the aggregate demand in the economy because of lesser income with the people. Unemployment also shows a slow growth in economy.