The stabilisation of German currency and the introduction of the Dawes plan in 1924 brought economic growth and affluence. The plan rescheduled German reparations according to her capacity to pay them. She was also granted a large American loan, and the plan also led to the evacuation of the Ruhr by French troops. Germany seemed to make a remarkable economic recovery in this period. The economy Called off passive resistance in Ruhr Called in worthless marks and burnt them Replaced marks with a new currency called the Rentenmark Negotiated to receive American loans under the Dawes Plan, 800 million marks Renegotiated reparations payments Some money went into business replacing old equipment with latest technology Some went into providing new facilities for Germany By 1927 German industry seemed to have recovered well 1928
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In film, the visual arts, architecture, craft, theater, and music, Germans were in the forefront of the most exciting developments. The unprecedented freedom and widespread latitude for varieties of cultural expression led to an explosion of artistic production. In the Bauhaus arts and crafts school, in the studios of the film company UFA, in the theater of Max Rinehardt and the studios of the New Objectivity (Neue Sachlickeit) artists, cutting edge work was being produced. While many applauded these efforts, conservative and radical right-wing critics decried the new cultural products as decadent and immoral. They condemned Weimar Germany as a new Sodom and Gomorrah and attacked American influences, such as jazz music, as contributors to the decay. In the academic world, the Weimar Republic "inherited" excellent universities and science centres from the Wilhelmine period. Göttingen was the world's most famous centre for physics, and German was the international language in physics and chemistry. Albert Einstein lived and taught in
In film, the visual arts, architecture, craft, theater, and music, Germans were in the forefront of the most exciting developments. The unprecedented freedom and widespread latitude for varieties of cultural expression led to an explosion of artistic production. In the Bauhaus arts and crafts school, in the studios of the film company UFA, in the theater of Max Rinehardt and the studios of the New Objectivity (Neue Sachlickeit) artists, cutting edge work was being produced. While many applauded these efforts, conservative and radical right-wing critics decried the new cultural products as decadent and immoral. They condemned Weimar Germany as a new Sodom and Gomorrah and attacked American influences, such as jazz music, as contributors to the decay. In the academic world, the Weimar Republic "inherited" excellent universities and science centres from the Wilhelmine period. Göttingen was the world's most famous centre for physics, and German was the international language in physics and chemistry. Albert Einstein lived and taught in