Germany - 1.2.2 Post War Problems Flashcards
The terms of peace were agreed in the Treaty of Versailles, in 1919. The Germans were humiliated and resented the Allies. They believed the treaty was ______ (a dictated peace) and that it was unfair
Diktat
What were the main terms of the Treaty of Versailles? (5)
- Germany accepted blame for the war (Article 231, the ‘War Guilt Clause’)
- Germany must pay £6.6 billion in reparations (payments to the victors) to the Allies
- Loss of land in Europe and all overseas colonies: Germany lost 10% of its land and 12.5% of its population
- Placing severe limits on the German military
- Preventing Germany joining with Austria
What were the military terms of the ToV? (3)
- Military restrictions, which included having a maximum of 100,000 soldiers, 15,000 sailors, 6 ships, 0 submarines and 0 armoured vehicles
- The demilitarisation (removing military from an area) of the Rhineland
- Not being able to join with Austria
Who were Germany banned from joining with at the Treaty of Versailles?
Austria
When WW1 first broke out in August 1914, Germany was a wealthy nation and most Germans enjoyed a good standard of living. Many Germans were proud of their country and confident of a quick victory. By _____, the situation was very different
1918
The post-war problems grew, resulting in the _____________ crisis of 1923
Hyperinflation
In _______, the amount of reparations Germany had to pay was decided: _____ billion marks over ___ years
1921, £6.6, 66
In 1922, the Weimer Republic stopped paying their reparation instalments (fixed regular payments) and this led to 2 huge crisis’ in 1923. What were these?
- Hyperinflation
- Invasion of the Ruhr
What was French and Belgium’s reaction to Germany failing to pay these reparations?
- In 1921, Germany managed to pay the first reparation instalment but in December 1922 Germany announced it could not afford to pay the second instalment
- In January 1923, French and Belgian troops invaded the Ruhr (part of Germany near France) taking control of all factories and mines. They took raw materials, machinery and manufactured goods back to France and Belgium in place of reparation payments due
What was the German reaction to the seizing of the Ruhr? (3)
- Ebert told German workers to go on strike, he urged passive resistance (non-violent opposition). Some of them damaged goods and machinery
- But, France and Belgium simply brought their own workers to take their place
- French and Belgium soldiers arrested, expelled and even killed some striking workers: over 8 months, 132 people were killed and 150,000 Germans were kicked out of their homes in Ruhr
What impact did the seizing of the Ruhr have on the German economy?
The Germany economy was badly hit, it didn’t have the produce from the Ruhr to sell (80% of its coal, iron and steel was in the region). It also had to pay the striking workers. The government decided to print more money, which led to hyperinflation. By November 1923, the German mark was worthless
What was the German state formed after the Kaiser widely known as?
Weimar Germany
How was hyperinflation caused?
- When money was printed, governments tied currency to a fixed value of gold. But Weimar Germany didn’t have enough gold to match the amount of money it was printing
- This meant that the value of the German mark fell and that the price of goods increased rapidly. This caused hyperinflation
- Germany’s war debts and the interest payments on these meant that they had debts worth 175% of their total national output (Debt: GDP of 175%). This is the same level as Greece in the Eurozone crisis
What are 2 examples of how hyperinflation changed the prices of goods/life in Germany? (use statistics - 2)
- In 1918, a loaf of bread cost 0.6 German marks. By November 1923, it cost 201 billion German marks
- As prices rose every hour, people bought goods as soon as they were paid. This meant that they carried money round in wheelbarrows
How did people get around the problem of hyperinflation?
People used a barter system (trading items) instead of money