Early Weimar - Crises of 1923 Flashcards

1
Q

How many men initially invaded the Ruhr?

A

60,000

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2
Q

Date of Invasion of the Ruhr

A

January 1923

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3
Q

What/where did French/Belgians occupy?

A
  • Mines
  • Factories
  • Steelworks
  • Railways
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4
Q

What is the Ruhr?

A

Industrialised area of West Germany (owned 85% of German coal)

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5
Q

Who was chancellor during Ruhr invasion?

A

Wilhelm Cuno

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6
Q

Define ‘passive resistance’

A

Don’t oppose, but don’t cooperate

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7
Q

How did Germany oppose the Ruhr invasion?

A
  • Strikes
  • Sabotaging facilities
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8
Q

Number of Germans killed during Ruhr invasion

A

132

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9
Q

Output of Ruhr during invasion

A

May 1923 stats:
- 33% delivery rate
- 20% output rate

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10
Q

How did ‘passive resistance’ impact German economy?

A
  • Paying strikers drained resources
  • Businesses impacted fired employees
  • Imported coal to keep currency from imploding
  • Shortage of goods increased prices
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11
Q

How did Germany deal with economic impact of Ruhr?

A

Print more money

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12
Q

Price of loaf of bread in Jan 1923

A

163 marks

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13
Q

Price of loaf of bread in Nov 1923

A

233 billion marks

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14
Q

Define ‘hyperinflation’

A

Inflation occurring at an exponential rate

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15
Q

List the ways hyperinflation impacted society

A
  • Wages collected in wheelbarrows
  • wages spent instantly before devaluation
  • Food hoarded before prices rose
  • Food riots
  • No law & order
  • Possessions bartered instead of money
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