HSBC Asia Pacific Positioned to ride on the golden era of Asia
Golden Era
Click here to load reader
Transcript of Golden Era
![Page 1: Golden Era](https://reader037.fdocuments.net/reader037/viewer/2022100423/577d210a1a28ab4e1e94569a/html5/thumbnails/1.jpg)
8/2/2019 Golden Era
http://slidepdf.com/reader/full/golden-era 1/2
Were the years 1924-1929 - A Golden Era for Germany?
Hindenburg
Became president in1925. He was a war
leader and supporter of the Kaiser.
The Nazi PartyWas band from April 1924 -1925.Hitler was released at the end of1924. He reorganised the party
with regional branches.Membership rose from 27,000 to
108,000 in 1927. The SA werereorganised and headquarters were
set up in Munich.
Farmers were suffering dueto falling agricultural prices.
Many faced a debt crisis.
The average person
Had very few savings afterthe economic crisis of 1923.
Unemployment Industrial ProductionB y 1930, Germany was once againone of the world·s great industrialnations. B y 1929 iron, steel, coalchemcials and electrical products
had all matched or beaten the 1913production figures. During this
period 25,000 million marks wereinvested into Germany by the
Americans.
The Young plan ± 1929
The Young Plan was an agreementbetween the Germans and theAmericans, British, and French.The Young Plan expanded the loanprogram of the Dawes Plan, and
also lowered Germany·s reparationspayments under the Treaty ofVersailles.
The Grand CoalitionIn 1928 the SDP gained 153 0f the491 seats, which was not enough to
be a majority. The Grand Coalition included the SDP, German
Democratic Party, Centre Party andthe German People's Party.
The Locarno Pact - 1925Great Britain, France, Germany,
Italy, Belgium, Poland, andCzechoslovakia participated in the
Locarno Conferences inSwitzerland. They agreed to usediplomatic measures in order to
sort out their problems. The
treaties would assure that thefrontiers between Germany andFrance and between Germany andBelgium be kept. This enabled
Germany to join the League ofNations in the following year.
The Dawes Plan - 1924was the result of negotiations betweenGermany and the US Government. Theplan allowed the co-ordination of
reparations repayments, makingthese more manageable. This involvedpaying reduced payments until 1929.
This large reduction in reparations
payments was accompanied by a loan of$200 million from the US government.
The new Rentenmark was valued at1 Rentenmark to One Trillion old
marks. Inflation ceased to be aproblem, the German peopleaccepted the value of the newcurrency and businesses acceptedit as being of worth.
Cultural µhigh time¶From 1923-1933 Germany becamefamous for its cafe culture, it·s
jazz-clubs, it·s cabaret-shows,nightclubs, jazz-bands, popular
music, crooners, a-capella harmony-groups and a rising film-industry.
The 1927 German film ´Metropolisµwas one of the most famous films
to come out of Germany in thistime.
Bauhaus Revolutionary school of art,
architecture and design
established by the pioneer modernarchitect Walter Gropius at
Weimar in Germany in 1919. Itsteaching method replaced the
traditional pupil-teacherrelationship with the idea of acommunity of artists working
together. Its aim was to bring artback into contact with everyday
life.
New objectivity ± an artistic
movement.A German modern realist artistic
movement developed. The two keyartists were Otto Dix and George
Grosz. In their paintings anddrawings they vividly depicted and
showed their dislike for thecorruption, frantic pleasure seeking
and general demoralisation ofGermany following its defeat in the
war.
![Page 2: Golden Era](https://reader037.fdocuments.net/reader037/viewer/2022100423/577d210a1a28ab4e1e94569a/html5/thumbnails/2.jpg)
8/2/2019 Golden Era
http://slidepdf.com/reader/full/golden-era 2/2