1923 hyperinflation

Question 1

How many French and Belgian forces went into the Ruhr

Answer 1

60,000 which later grew to 100,000

Question 2

What did the French and Belgians do once in the Ruhr

Answer 2

Took control of the mines, factories, steelworks and railways, demanded food from shops and set up machine gun posts in the streets

Question 3

Who was chancellor at the time of the Ruhr invasion

Answer 3

Cuno

Question 4

What was Cuno’s way of retaliating from the invasion of the Ruhr

Answer 4

Stopped all reparation payments and introduced passive resistance

Question 5

What was passive resistance

Answer 5

Ruhr citizens were told not to co-operate with the allies and they will still get paid even when they went on strike

Question 6

Who began to secretly sabotage the Ruhr for the allies

Answer 6

Freikorps

Question 7

How many Germans were expelled form the area and how many were shot

Answer 7

150,000 expelled and 132 shot, this includes a 7 year old boy

Question 8

What did the French do within the Ruhr

Answer 8

Established military courts, punished mine owners, miner and civil servants that refused to comply and brought in their own workers to operate the railways and export coal

Question 8

How much did coal deliveries fall down to

Answer 8

1/3 of what it was originally

Question 9

What was the new overall output since the invasion

Answer 9

1/8 of preoccupation figures

Question 10

What was the economic impact of the Ruhr invasion

Answer 10

They were paying people to strike as a part of passive resistance, tax revenues was lost from businesses that closed, people became unemployed, Germany now had to pay to import coal and shortage of goods pushed prices up higher

Question 11

What did hyperinflation lead to

Answer 11

Worthless notes, spend ASAP, food shortages, bartering possessions, thieving was common urban theft from farms and crime rose

Question 12

What was breads original price and what was it now

Answer 12

163 marks to 233 billion marks

Question 13

Who were the winners of hyperinflation

Answer 13

Black marketeers, those in debt, those with mortgages or fixed rents, those who had taken out loans, owners of foreign exchange and most farmers

Question 14

Who were the losers of hyperinflation

Answer 14

Those who had savings, pensioners, those who lent money, landlords with fixed rents, unskilled workers, small business owners and the sick