Reasons For The Economic Instability Of The Weimar Republuc 1919-23

Question 1

Reasons for hyperinflation (4)

Answer 1

• effects of WW1
• impact of TOV
• reparations
• Franco-Belgian occupation of the Ruhr

Question 2

How did the effects WW1 help contribute to hyperinflation?

Answer 2

The governments high expenditure and low income from taxes during WW1

Question 3

As a consequence of WW1, industrial and agricultural production ——- by ———-

Answer 3

Had Dramatically decreased by nov 1918

Question 4

By nov 1918, national income was…

Answer 4

2/3 it’s pre-war level

Question 5

How did the treaty of Versailles exacerbate hyperinflation

Answer 5

Germany lost raw material and population resources

Question 6

1921 reparations set at

Answer 6

136 million marks

Question 7

Why did chancellors Wirth and Cuno print more money?

Answer 7

Under pressure to find money quickly and not want raise taxes

Question 8

Economic effects of printing more money

Answer 8

More money in circulation, the less value it has

Question 9

What happened to the German mark by 1922?

Answer 9

It was worth 1% it’s pre-war level

Question 10

Why did the French occupy the Ruhr?

Answer 10

1922 G govt not able to pay second instalment of reparations

Question 11

How did the French decide to take their reparations payment instead of money?

Answer 11

In form of resources from the Ruhr and to strip G of her wealth and strength

Question 12

What happened 11 January 1923

Answer 12

Poincaré sent 60 000 French and Belgian troops across the river Rhine to occupy the Ruhr

Question 13

When did Poincaré send 60 000 troops across the river Rhine to occupy the Ruhr?

Answer 13

11 Jan 1923

Question 14

What region was the whole G economy dependent on?

Answer 14

The Ruhr

Question 15

How was the Ruhr essential to industrial production elsewhere?

Answer 15

Supplied resources essential to industrial production elsewhere

Question 16

The Ruhr produced ——- nations steel

Answer 16

80%

Question 17

The Ruhr produced ——— nation’s coal

Answer 17

71%

Question 18

What/who did the occupying force Poincaré sent to the Ruhr include? Why?

Answer 18

French, Belgian and Italian engineers sent to supervise running of Ruhr factories and mines

Question 19

What did the Weimar govt order after the Franco-Belgian occupation of the Ruhr ?

Answer 19

Weimar govt ordered an indefinite suspension of all reparations payments and ordered G workers not to cooperate but to engage in a campaign of passive resistance

Question 20

A policy of passive resistance escalated into…

Answer 20

a trial of strength between France and GErmany

Question 21

During passive resistance, clashes between French soldiers and workers resulted in

Answer 21

about 150 German deaths

Question 22

Confrontation inevitable during passive resistance when what happened?

Answer 22

French soldiers attempted to round up and deport strikers

Question 23

French action was criticised by which govts?

Answer 23

British and American

Question 24

Economical impact of passive resistance

Answer 24

• industrial production ground to a holt in Ruhr but govt still have to pay striking workers
• govt prints more money leading to more inflation

Question 25

1919 how many marks was $1 worth?

Answer 25

20 marks

Question 26

When was $1 worth 20 marks?

Answer 26

1919

Question 27

How much was $1 worth in marks in 1923?

Answer 27

20 000 million marks

Question 28

When was $1 worth 20 000 million marks?

Answer 28

1923

Question 29

When did a bank note cost more to produce than it was actually worth?

Answer 29

1923

Question 30

What made inflation become hyperinflation?

Answer 30

Franco-Belgian Occupation of the Ruhr

Question 31

By end ‘22 Cuno’s govt made no effort to deal w Econ probs. Why?

Answer 31

Thought continuing Econ probs would reinforce argument that G unable to pay reps, which would influence Allied govts to lower levels of their demands

Question 32

Because of hyperinflation, G turned into a ——- economy

Answer 32

barter economy

Question 33

Who was hit badly and unable to recover fortunes?

Answer 33

mid-class savers

Question 34

What had a detrimental effect to old people’s health?

Answer 34

they lost their pensions

Question 35

Prices could rise —-% per day

Answer 35

20-100%

Question 36

What group was hit hard by industrial collapse, causing their power to decline

Answer 36

Trade unions

Question 37

What happened to trade unions?

Answer 37

Hit hard by industrial collapse and power went into decline

Question 38

Decline of —– and —–

Answer 38

law and order

Question 39

what happened to those in serious debt

Answer 39

debts wiped out

Question 40

What happened to national debt from 1918-23

Answer 40

quadrupled

Question 41

IN what period of time did National debt quadruple?

Answer 41

1918-23

Question 42

——- to stimulate the economy didn’t help

Answer 42

Erzbergers deficit financing

Question 43

Political impact of hyperinflation

Answer 43

HItler & others quick to link crisis to ToV, democracy and Jewish financiers
Escalated into political problem
No surge of support for radical RW groups

Question 44

HIte & Hinton about hyperinflation

Answer 44

“inflicted wounds that in the long term contributed to Weimar’s death”

Question 45

Who appointed Chancellor August 1923

Answer 45

Stresemann

Question 46

When was Stresemann appointed Chancellor?

Answer 46

August 1923

Question 47

When was passive resistance withdrawn?

Answer 47

September 1923

Question 48

When was the rentenmark intoduced?

Answer 48

November 1923

Question 49

How did Stresemann help end hyperinflation (2)?

Answer 49

• stopped passive resistance

- intro rentenmark