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The period 1924-28 is The period 1924-28 is sometimes referred to as sometimes referred to as the ‘the ‘Stresemann EraStresemann Era’ or ’ or the ‘the ‘Golden yearsGolden years of the of the

Weimar Republic’.Weimar Republic’. Stresemann’s policies had

seemed to have worked!. By 1928 Germany seemed

PROSPEROUSPROSPEROUS and PEACEFULPEACEFUL.

However,However, some people think that Stresemann’s policies only gave the

‘appearance’ of recovery and that many of the earlier

problems still existed. What What is the evidence for both is the evidence for both

sides?sides?

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•Go to PAGE Go to PAGE 13 & 1413 & 14 of text of text bookbook

•Read Read VERY CAREFULLYVERY CAREFULLY•Write in as many reasons as Write in as many reasons as you can into the table under you can into the table under

the right sectionsthe right sections

The Economy was improving.The Economy was improving.

• Heavy industry had recovered to Heavy industry had recovered to pre war levels and new roads and pre war levels and new roads and hospitals were being built with hospitals were being built with American moneyAmerican money

• Exports and wages were upExports and wages were up

• Social Welfare had improvedSocial Welfare had improved

• Economy Economy grew fastergrew faster than GB or than GB or FranceFrance..

•Companies like FORD and GILLETTE Companies like FORD and GILLETTE built factories in Germanybuilt factories in Germany

There were no more putsches after There were no more putsches after 1924.1924.

• 1928 election showed people 1928 election showed people supported moderates not extremist supported moderates not extremist partiesparties

•Communists and Nazis seemed to be Communists and Nazis seemed to be losing supportlosing support

•A stable Grand Coalition started A stable Grand Coalition started under HERMANN MULLERunder HERMANN MULLER

• Germany had signed the Locarno Germany had signed the Locarno Treaty and had rejoined the League Treaty and had rejoined the League of Nationsof Nations

•Germany seemed accepted again by Germany seemed accepted again by the worldthe world

IndustryIndustry was growing unsteadily. was growing unsteadily.

• Small businessesSmall businesses were under were under pressure from larger companiespressure from larger companies

•Agriculture was depressedAgriculture was depressed

•UnemploymentUnemployment was increasing and was increasing and welfare costs were upwelfare costs were up

• Germany was Germany was OVER RELIANTOVER RELIANT on on American loans from the Dawes planAmerican loans from the Dawes plan

HINDENBURG HINDENBURG was made President – was made President – he was not enthusiastic about he was not enthusiastic about democracy.democracy.

• Even though there was less to Even though there was less to argue over, no government lasted argue over, no government lasted longer than 2 yearslonger than 2 years

•Angry Germans still wanted an end Angry Germans still wanted an end to Versaillesto Versailles

•Many still remembered the Many still remembered the humiliation of hyperinflation and humiliation of hyperinflation and blamed this on the democratsblamed this on the democrats