The Roaring Twenties, or Goldenen Zwanziger Jahre, as they were known in Germany, were very likely Germany’s happiest time in the first half of the twentieth century. They can also be considered Berlin’s Golden Age.
The time between the end of the hyperinflation and hardships of the post-Great War period and the stock market crash of 1929 were a comparatively stable period for the troubled Weimar Republic. The largely French-driven dictates of the Versailles Treaty were modified and relieved by the implementation of the Dawes Plan and later the Young Plan (although the latter would not come into effect until 1930). In 1926, the Weimar Republic joined the League of Nations, another sign of normalization.
Fueled by American dollars, the German economy stabilized and expanded, leading to increased wealth. This credit-financed economy would later prove highly vulnerable to the effects of the Great Recession of the early 1930s, but, for the moment, the Weimar Republic enjoyed prosperity, stability and good times.
Continue reading “Germany’s Golden Twenties”