Early Weimar - Impact of Versailles (Economic)

Question 1

Two ways Germany funded WW1

Answer 1

• Increase borrowing
• Print more money

Question 2

Unemployment (%) in Germany in 1921

Answer 2

1.8%

Question 3

Unemployment (%) in Britain in 1921

Answer 3

17%

Question 4

Which country invested heavily in Germany?

Answer 4

USA

Question 5

How much higher were prices in 1920 compared to 1913?

Answer 5

14 times

Question 6

Which chancellor promoted inflation?

Answer 6

Konstantin Fehrenbach

Question 7

Why did the Centre Party coalition promote inflation?

Answer 7

Backed by German businesses (easy loans)

Question 8

When did the Centre Party coalition promote inflation?

Answer 8

1920

Question 9

When did Reparations Commission deliver report to Germany?

Answer 9

1921

Question 10

How long was Germany given to accept reparations report?

Answer 10

six days

Question 11

What was the ‘Reparations Commission’?

Answer 11

Group set up by Allies to decide how much Germany should pay

Question 12

When did Germany postpone reparations instalments?

Answer 12

January 1922

Question 13

When did Germany ask for loan?

Answer 13

November 1922

Question 14

How much did Germany ask loan of?

Answer 14

500 million marks

Question 15

How long did Germany want no reparations for?

Answer 15

3-4 years

Question 16

Why did Germany want to postpone reparations?

Answer 16

Stabilise currency

Question 17

How did France & Belgium react to postponement of reparations?

Answer 17

Invaded the Ruhr

Question 18

Ways Germany could pay reparations

Answer 18

• Gold
• Coal
• Manufactured goods

Question 19

How did Allies make it tough for Germany to pay reparations?

Answer 19

• Confiscated merchant fleet
• High tariffs on German imports

Question 20

How much did Keynes say Germany could/should pay?

Answer 20

£2 million