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Weimer Republic Recovery after 1923 - Coggle Diagram
Weimer Republic Recovery after 1923
Economic improvements
The Dawes Plan in 1924 provided US loans and reduced reparation payments
Industrial output increases and living standards improved
Gustav Stresemann introduced a new currency called the Rentenmark to stop the hyperinflation
Political stability
Moderate parties gained more support and coalition governments lasted longer
There was more trust in democracy at least among some groups
Extremist uprisings became less frequent after 1923
Foreign relations
Germany joined the League of Nations in 1926 which increased its international status
The Young Plan in 1929 reduced the reparations even more
The Locarno Pact from 1925 improved relations with France and Belgium by confirming boarders
Cultural growth
Berlin became famous for its nightlife and creative freedom
The Bauhaus movement influenced modern architecture and design
The In the twenties there was new aet, cinema, music and literature
Limits to recovery
Extremists on both sides still opposed the government
Many Germans still hated the Treaty of Versailles
The economy relied heavily on short term US loans making it unstoppable