In 1928, sixty-two countries signed the pact that outlawed wars and prohibited the use of war as a tool in national policy. By signing this pact, all these countries agreed that irrespective of what the origin or nature of conflict, the sides involved had to come to a settlement by peaceful means-and not a war. Historians would later challenge the effectiveness of the pact because of its short-lived success. Also, the Young Plan, formulated in 1929, was an attempt by former wartime allies to support the Weimar Republic. The reparations payments continued to be a hindrance for the Germans even through the Golden Era. A Reparations Committee was formed and they made a generous plan to attempt to support Germany through her financial pain. The Young Plan further reduced reparations by 67% and created a yearly payment plan. America desired to see the Weimar Republic develop into an economic entity, become a valuable trading partner, and if Weimar saw the benefits of capitalism, they would turn their backs on the communistic ideology. Once again, everything looked good on paper, but soon after the plan was presented the Wall Street Crash occurred, leaving Germany in economic crisis. Inflation and unemployment was …show more content…
Many of those changes occurred as a result of World War I. After the fighting stopped, the economy was left in ruins and unemployment was at an all-time high. The Treaty of Versailles proved to be calamitous to the newly founded Weimar Republic. The new democratic parliamentary government had high hopes of rebuilding and reviving Germany, but it was plagued with internal strife from the very beginning of its installment. Despite the many upheavals, they did experience some success in rising up out of the ashes. One small miracle was how it prevented itself from becoming a communistic society, particularly when the idea was running rampant at the time. Germany ended up recovering from several burdens just to come full-circle and hit rock bottom at the end of 1929. The 1920s was just the beginning of a vicious cycle that would continue to curse Germany for many decades to