golden years

• nov 1923 new currency, Rentenmark removed and 1924 reichsmark introduced. Restoring confidence. Middle and upper class resent
• industry reached levels of 1913 by 1927 and surpassed pre-war levels 1928-9
• increase in cost of exports= many workers had to be made redundant
• baby boom=5 million more people in workplace and unemployment 2 million Jan 1928
• Dawes plan= 800 million marks in loans to stabilise economy in 1924
• young plan= 1929, reduce reparations and extend paying period
• increase in number of strikes and anger towards compulsory state arbitration strikes
• agriculture= global over production, fall in prices, government favoured towns and presents protests
• Erzberger implemented progressive taxes= increase in highest income tax from 4-60%
• 2 million houses built 1924-31, homelessness reduced by 60%, increase in number of cars
• unemployment never fell below 1.3 million before 1927, income per head of family is 44% below average
• DNVP disliked Stressman's policy of 'approachment' with Britain and France
• German economy grew at an annual rate of 5% between 1924-8
• democratic parties had 136 more seats in 1928 than radical; NSDAP had 3% in 1928
• DNP lost support, centre party became more right wing
• no attempted revolts after 1923, optimistic view on politics, coalition governemnt 1928
• DNVP= 103 seats in 1924 and in 1928 had 78. Nazi's=12 seats in 1928 and KDP= 54 seats 1928
• wages increased, working hours reduced creating an increase in standard of living, however welfare state became very costly for government
• cultural wages 1/2 of national average in 1929
• joined league of nations in 1926, Kellogg-Briand pact 1928 and 1929 allies leave Rhineland
• treaty of Berlin says stay on good terms with USSR and secure western front
• 'Neile Sachlickeit' meaning new practicality or functionalism
• George Grosz and otti dix captured seedy and aggressive style of political message
• Bauhaus school= showed relation between art and technology
• Thomas Mann= won noble prize, Avant Garde style
• 'all quite on the western front' 1928 capturing an ex-WW1 soldier
• Zeitheater= theatre of the time, innovative ideas
• modern mass culture of swing, Jazz and consumerism,
• German film became most advanced in europe
• German radio company established in 1923-4 was a radio network with 9 companies set up (huge achievement)
• Cabaret clubs opened