Chapter 3- economic and social problems in Germany Flashcards
1
Q
Weimar debt in 1919
A
1.44 billion marks
2
Q
what surprising thing happened despite rising debt
A
unemployment had virtually disappeared by 1921
3
Q
Evidence inflation was beneficial
A
unemployment was down to 1.8% in 1921 as opposed to 17% from great britain
Investment was encouraged, especially from USA
4
Q
who led the 1920 coalition and who dominated it
A
Konstantin Fehrenbach
centre party dominated which as supported by German industrialists
5
Q
how much were reparations and what did this cause
A
6.6 billion US dollars or 132 billion gold marks
Led to a political crisis, Fehrenbach resigning and Joseph Wirth becoming chancellor
6
Q
A
7
Q
A
