I believe Eisenhower helped the economy when he increased the minimum wage, and social security benefits as well as the unemployment benefits. types of programs helped that really needed the extra help. President Eisenhower was very grateful to have received help from the Democratic Party. The democratic party was on board wtith
This was mostly due to his policies of collectivisation which made economic sense and forced a lot of peasants to leave the land, which was a process needed in order to change an agricultural rural society to an urban and industrial one as well s the fact that his industrialisation plan increased massively the heavy industry in Russia; the production of raw materials such as iron, coal, steel and oil all increased successfully. There were other successes in his economic policy of rearmament, which also improved labour productivity and the transport in the country. However, it would be incorrect to say that all what Stalin did during this period was a success since he also presented various failures, for example not being able to boost the production of consumer goods as well as creating a huge man made famine. It was clear at the time that Russia needed a change, as Stalin said: ‘’ We are fifty or a hundred years behind the advanced countries. We must make good this
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 suggests that the period 1924-1929 were ‘golden’ to a certain extent as they managed to stabilise the German currency. In addition, the introduction of a new currency encouraged foreign investment in the German economy as other countries could be sure that the currency was stable and therefore a worthwhile investment and also increased industries and therefore solved the vast unemployment which had been a problem within Germany for many years previous to the Weimar constitution. The increase in industry is shown through the fact that by 1929 Germany was producing 33% more produce than in 1913, thus inferring that the ‘golden years’ were a turning point for Germany. Additionally, Stresemann negotiated the Dawes Plan in 1924 which softened the blow of reparations on Germany as well as securing loans from America which proved invaluable in turning around the German
The high support of the Zollverein clearly shows that Prussia was capable of leading the German unification cause. Prussia was lucky that Metternich was busy with other European affairs and so couldn’t stop the Prussian Customs Union from growing. With this luck; Prussia had gained economic unity, became a clear national leader and provided a good example of cooperation. More evidence which suggests that the Zollverein did contribute to the cause of unification before 1848 is that it showed itself as a prime example of cooperation between the states. By 1844, because of the Zollverein, the German Confederation had gained an economic union under the leadership of Prussia and for the first time saw the states working together.
There were many aspects that lead to the economic success that America experienced in the period after 1890, all them then becoming factors in America becoming the economic powerhouse it has. America possessed an abundant supply of land, raw materials and natural resources; coal oil and timber and with the expansion onto the newly settled Great Plains, America had the ability to develop in a variety of ways. With the newly acquired land from the Native Americans, agriculture grew and thus followed profit increase in the area. New technologies such as the invention of refrigeration on the move and communication technologies like the telegraph allowed business to grow much further afield, and not just with in the United states, along with the agricultural growth came the expansion of the railways in the west both making money from the resources readily available creating a growing cycle of supply and increasing demand in areas previously untouched furthering the economy. Mass immigration into the USA stretching from the end of the 19th century and well in to the 20th supplied an affordable and readily available source of labour willing to work cheaply in the growing industries, the new immigrants boosted the American economy in two ways; an increased demand in housing and food as well as other day to day commodities profited the economy, but also the cheap labour they provided allowed big businesses to grow.
However, it would be all too easy for one's opinion to be based entirely on the increase in agricultural output after 1928. Due to Collectivisation, grain productions rose to almost 100 million tonnes in 1937, allowing Russia to trade with other countries and strengthen their economy. This increase in productivity, though not a major change, was extremely important to Stalin if he wished to achieve industrialisation in such a small space of time. However this was not a drastic improvement and it is difficult to see how this, what would be considered, minor increase in output can be classed as a success. The fact that Collectivisation wasn't leagues better than the NEP in terms of productivity could be excused by its socialist nature.
Therefore, when almost the whole world was badly affected by the Great Depression in the 1930s, USSR was able to avoid the economic downturn caused by it. Hence, it remained economically powerful through the 1930s, having removed itself from the world trading systems. Therefore, through the proposition of an autarky in the USSR, it avoided the negative effects of the Great Depression in the 1930s, hence, allowing it to be economically powerful in the 1930s. Secondly, the Five Year-Plans brought about rapid industrialization in the USSR hence, making it economically powerful in the 1930s. The first FYP from 1928 to 1932 concentrated on expanding heavy industries especially steel and iron, and electricity, chemicals and engineering.
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.
The most revolutionary case was that of ‘idleness’ and ‘disease’ where the revolutionary change within ‘squalor’ was limited. The giant of Idleness overall was slayed successfully by Labour and was arguably the most revolutionary change of the five. The main cause for Labour’s success was for their new approach to dealing with the economy and unemployment. Labour followed the policies of John Maynard Keynes, the basic principles of Keynesian Economics is when Unemployment starts to rise, the government must invest more money back into the economy to create more jobs resulting in greater economic activity. The government can be seen to be doing this through the vast amount of Council house’s that were built.
Explain why Liberal Reforms were successful in appealing to the working class? From the emergence of new Liberalism after Gladstone, the concern for a healthier workforce and the strive to get more votes from the working class, the Liberals had to pass certain reforms that appealed to people like children, workers, sick and elderly. These reforms were overall very successful, as they were start of collectivism in our society and an end to the laissez faire attitude that the government once had. Liberals were very successful in achieving a significant degree of social change in Britain and paved the way for the establishment of a welfare state. The competition with other countries like America and Germany influenced our politicians to look deeper into the society and solve the social and economic issues that weakened our nation.