Inflation In Germany Flashcards
1
Q
What did Germany not have and what how did they pay back the 6.6 billion pounds?
A
- they didnt have any gold
* in 1923 Germany printed more money to pay the country’s back but the money became worthless.
2
Q
What was inflations course?
A
It was when Germany stopped paying France the referendum and was called the french occupation of the RURH.
3
Q
What did the RURH course?
A
- germans to go on strike
- France went to Germany and took all their materials
- Germany then had a shortage of goods low production and shortage to pay depth
4
Q
Table.
A
French occupation of the Rulr = Weimar government crippled = Weimar printed money to pay reputations.
5
Q
What is hyperinflation?
A
When prices go up and the worth of money goes down. Consequences of this were that everything became more expensive and every class suffered