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RECOVERY IN THE 1920S, image , image , image , image , image , image…
RECOVERY IN THE 1920S
In 1924
the United States
applied the Dawes Plan
in Germany
A series of economic measures
which involved
loans
American investment
in German industry
with the aim of increasing
the value of the German mark
the currency
The Dawes Plan
revised
reduced
war reparations payments
Under this plan
France also agreed
to abandon the occupied areas
of the Ruhr
in August 1925
With economic prosperity
society changed
the suffering of the war years
had passed
life was focused
on enjoyment
were characterised
by new forms
of entertainment
such as
cabarets
music-halls
ballrooms
radio shows
cinema
Famous Hollywood film stars
such as
Greta Garbo
Charlie Chaplin
Rudolph Valentino
Consumerism grew
sales of consumer goods
such as
cars
household appliances
increased
The car industry
were the driving forces
behind the economic recovery
Consumers
bought shares in companies
on the stock market
because they paid large profits
in a short period of time
development of the production of electricity
The United States
helped other European countries
by
giving them loans
selling the consumer
goods they lacked
As a result
by the mid-1920s
the world economy began
to recover
grew steadily
It was a prosperous time
known as the
"roaring twenties"
The United States and Japan
were the first countries
to recover from the crisis
because their industries
had not been devastated by war
This situation enabled
the United States
to help European countries
come out of the economic crisis
From 1925 on
Germany's economy
began to recover
It was able to pay reparations
to the victorious European countries
which in turn
were able to pay back
their loans
During the 1920s
women gained more freedom
This was reflected
dresses
were shorter
way they dressed
their hairstyles
hairstyles
imitated
men's
hairstyles
boy's
