This encouraged Stresemann to call off the passive resistance and he agreed to repay the reperations and persuaded workers to return to work. This led to Stresemann negotiating with the Dawes plan in 1924, where the US loaned Germany 800 million gold marks which Germany used to pay the reperations and end hyper inflation. He also negotiated with the Young plan in 1929 which reduced reperations to the US and the payment period was extended to 59 years. This aided German economic restructuring and the normalisation of diplomatic relations, especially with France. Which softened the burdens of war reperations and stabilised the currency.
At the end of 1923, Stresemann became Chancellor and also served as the foreign minister until his death in 1929. During these years, Germany recovered in economy, national pride and confidence. These years can be perceived as the “Golden Age” of the republic. However, this redemption in Germany may not have been as full as it seems so it is necessary to balance the successes and failures. Initially, during this period Stresemann made some tough decisions but they resulted in a stabilised economy.
During the Great Depression, President Roosevelt used several revolutionary tactics to heal the suffering American economy. These tactics, the providing of public service jobs, the movement for social security and the implementation of a "blanket code" for workers rights, had great success and greatly revolutionized the role of the federal government. The providing of public service jobs (the New Deal) was the tactic that served to heal the most daunting problem in American society, unemployment (document J). In 1935 the Roosevelt administration created the WPA to help employ Americans for publicly funded projects such as "city beautification." As seen in Document J this jobs did help to greatly lower the percentage of unemployed between 1935 and 1938.
Although the industrial revolution had a huge positive impact on German economy, it also lead to a rise in socialism which meant the emergence of pressure groups, such as the Nationalist pressure groups and the Economic pressure groups. These groups were often focused on single issues, but they highlighted the tensions and divisions in Germany. Foreign minister and Chancellor Von Bulow played a key part in protecting the position of the Second Reich's ruling elite. He focussed on an aggressive foreign policy to
There were many of the comparatively prosperous who also came; to better themselves economically. They had heard of how easy it was to proliferate one's riches in America, and with an archetypal German interest in making the most of circumstances, some of the families embarked to seek a greater fortune in the new world. A second notable reason for the coming of the Germans was the religious persecution of the Lutherans and Protestants. While the Midwest received many liberal-minded Germans, it also acquired many of Germany's most ebullient conservatives. In 1817 King Friedrich Wilhelm III of Prussia decreed a unification of the Lutheran and Reformed churches in Prussia, and his action was accompanied by the rulers of several of the smaller German states.
Franklin D. Roosevelt's New Deal vs. Barack Obama's Economic Stimulus Plan Aiding the economy was what both of these plans were meant for. Franklin Delano Roosevelt’s New Deal aided the American economy to get back on track during the 1930's. Due to the economy suffering severely from the great depression this plan was setup to help boast and get the economy going. Barack Obama's Stimulus Plan was also and aid brought out to save the economy. Due to the country facing the biggest economic crisis since the second world war, Obama and Democratic Party leaders suggested an economic stimulus package to confront the crisis.
This meant that they were able to pay off the reparations over a longer period of time. It could also invest in new projects such as housing and roads. Factories were re-equipped and built, also new roads and railways were built, as well as nearly 3 million new homes. The Young Plan of 1929 further reduced reperations payments, which were to be paid over a period of 58 years. This meant that Germany had a long period of time to pay back the reperations, causing less harm to the economy and political stability.
The involvement of the German Army and other military groups in Weimar politics served to strengthen the Republic in the early years but later lead to its downfall. In 1918 the Ebert-Groener Pact was signed, ultimately giving the moderate-left side of Weimar politics (also known as the Socialist Democrats Party) the support of the traditionally right army in response to fears the extreme left might take power. This served a dual purpose in that it both maintained the power of the army in German politics and it also strengthened the position of the Weimar Republic in the eyes of the citizens, who still respected the army. Despite the Ebert-Groener Pact, in late 1918 Defence Minister Noske created the Freikorps, a paramilitary force of former soldiers and volunteers, which allowed for these small militant groups to be satisfied with their power – hence strengthening support for the new Reichstag – but later proved to create political instability through the Freikorps’ uncontrolled violence, which ultimately damaged the public perceptions of the Weimar Government. During the late 1920s, the involvement of the Sturm-Abteilung (SA) in the politics of the Nazi Party initially furthered
New Deal The 1930’s was a great time of economic depression in America. In response to the Great Depression, when Roosevelt took office, he came up with a New Deal plan. The New Deal was a period of time from 1933 to 1938 intended to recover America’s economy, reform capitalism in America, and provide relief to Americans. Roosevelt’s New Deal did show great success in providing relief and recovery to the nation during the Great Depression by forming the Bank Holiday, a series of public works programs, and the National Recovery Act. Roosevelt had to provide America’s faith in the economy and government by providing relief to the people.
Jan 2009 To what extent was the increase in electoral support for the Nazi Party 1928-33 the result of effective propganda & electioneering? How far did the Nazis succeed in achieving the aims of their economic policies in the years 1933-41? June 2009 How far was there economic and poitical stability in Germany, 1924-29? How far did Nazi policy towards German Jews change in the years, 1933-41? Jan 2010 How accurate is it to suggest that the Treaty of Versailles was mainly responsible for the political and economic instability in Germany 1919-23?