hyperinflation Flashcards
1
Q
what had caused hyperinflation in germany
A
occurred due to the cost of war and the reparations
2
Q
what was the value of a mark in 1919
A
8.9 marks to a dollar
3
Q
what was the value of a mark in 1922
A
493.2 to a dollar
4
Q
who did the hyperinflation affect the most
A
- people on fixed incomes
> pensioners
> civil servants
> and members of middle class.
