History Weimar Republic Crisis 2 Flashcards

1
Q

What happened when the German government printed more money?

A

The Value of money went down and prices went up.

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2
Q

For how long had there been inflation in Germany?

A

Since the time of the Kaiser but in 1923 things got a lot worse.

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3
Q

What do you call inflation when it is going up really fast?

A

Hyperinflation

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4
Q

What effect did hyperinflation have on a number of people who had worked hard all their lives?

A

They became beggars as their pensions and savings had no value.

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5
Q

What effect did hyperinflation have on people who were working?

A

They found that their wages did not keep up with inflation but they then paid more and more.

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6
Q

Who did the people blame for hyperinflation?

A

The Weimar Government who had agreed to pay reparations under the Treaty of Versailles.

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7
Q

What did the German government do when they didn’t get money from the Ruhr?

A

They simply printed more.

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8
Q

Why did the German government print more money in 1923?

A

The government did not have enough 💶 to pay for the costs of the passive resistance in the Ruhr - so they printed more.

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