hyperinflation on german people Flashcards
working class
people would have to exchange goods for something as money had no value. People had to shop with wheelbarrows full of money
the old
pensioners on fixed incomes suffered as pensions became worthless. The winter of 1923 ment that many lived in freezing conditions causing some to freeze or starve to death
the ritch
they lost all their savings, most of them were land owners and could produce food on their own estates
middle class
their hard earned savings dissapered overnight, they did not have wealth or land to fall back on. Many middle class families had to sell many heirlooms to survive
the poor
the poor became poorer and the winter of 1993 ment that many lived in freezing conditions, burning furniture to get heat, they relied on handouts to get through the crisis that year