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October – The Wall Street crash of 1929 marks a major turning point in Germany: following prosperity under the government of the Weimar Republic, foreign investors withdraw their German interests, beginning the crumbling of the Republican government in favor of Nazism. [1]
Blutmai (English: Bloody May, lit. ' Blood May ') was an outbreak of political violence that occurred in Berlin from 1 to 3 May 1929. It occurred when the Communist Party of Germany (KPD) held May Day marches in defiance of a ban on public gatherings in Berlin ordered by the city's police chief Karl Zörgiebel of the Social Democratic Party (SPD).
A referendum on the Young Plan was held in Germany on 22 December 1929. It was an attempt to use popular legislation to annul the Young Plan agreement between the German government and the World War I opponents of the German Reich regarding the amount and conditions of reparations payments.
The Young Plan was a 1929 attempt to settle issues surrounding the World War I reparations obligations that Germany owed under the terms of Treaty of Versailles.Developed to replace the 1924 Dawes Plan, the Young Plan was negotiated in Paris from February to June 1929 by a committee of international financial experts under the leadership of American businessman and economist Owen D. Young.
The simultaneously-shot German-language version is the first sound film feature to be released in Germany. November 18 – The 1929 Grand Banks earthquake occurs. [33] November 29 – Bernt Balchen, U.S. Admiral Richard E. Byrd, Captain Ashley McKinley and Harold June become the first to fly over the South Pole.
24 April: Germany and the Soviet Union sign the Treaty of Berlin, which guarantees Germany's neutrality in any war between the Soviet Union and a third country. [75] 12 May: The Luther government falls as a result of its support for a modified imperial flag for use at the Republic's foreign missions. [76]
From 1923 to 1929, there was a period of economic recovery, but the Great Depression of the 1930s led to a worldwide recession. Germany was particularly affected because it depended heavily on American loans. The Weimar Republic was severely affected by the Great Depression.
The World in Depression, 1929–1939 (3rd ed. 2013) Konrad, Helmut and Wolfgang Maderthaner, eds. Routes Into the Abyss: Coping With Crises in the 1930s (Berghahn Books, 2013), 224 pp. Compares political crises in Germany, Italy, Austria, and Spain with those in Sweden, Japan, China, India, Turkey, Brazil, and the United States.