Standard of Living in Weimar Germany

What was the standard of living in Weimar Germany like?

For most people, there was some improvements in the standard of living between 1924 and 1929 in Weimar Germany. However, there were still issues.

How did unemployment insurance affect the standard of living in Weimar Germany?

The standard of living between 1924 and 1929 was affected by the introduction of the Unemployment Insurance Act in 1927. This meant that workers paid a small amount of their wages into the insurance scheme. If they were made unemployed or fell sick they received 60 marks per week.

How did work and wages affect the standard of living in Weimar Germany?

The standard of living between 1924 and 1929 was affected by an increase in wages between 1925 and 1928. Wages increased by 25% in real terms which meant that the wage increase was above the rate of inflation.

How did housing affect the standard of living in Weimar Germany?

The standard of living between 1924 and 1929 was affected by improvements in housing. There was a shortage in houses. The government dealt with the problem in several ways, for example by introducing tax breaks and government spending. By 1928, more houses were built but there was still a shortage.

What other improvements affected the standard of living in Weimar Germany?

The standard of living between 1924 and 1929 was affected by other government measures such as pensions being paid to war veterans and war widows with the introduction of the Reich Pension Law of 1920, and the government reformed the system protecting the youth by introducing more social workers.

How did the standard of living change in Weimar Germany?

Overall, the standard of living between 1924 and 1929 did improve in terms of housing, wages and unemployment insurance. However, the recovery was not secure as people were still suffering from the effects of the hyperinflation crisis of 1923.