Summary 3 - Living Standards and lifestyles Flashcards
1
Q
Describe German living standards between 1924 and 1928?
A
The living standards undoubtedly improved due to wage increases
2
Q
Why were the poorest people in society prevented from falling into hardship?
A
The welfare system protected them from falling into abject poverty
3
Q
How were business owners affected during the years 1924-1928?
A
Business owners themselves and salaried employees benefited from the improved trading position for German companies at this time
4
Q
Were people who lost their savings during hyperinflation able to regain them?
A
no- they were unable to regain their comfortable lifestyles
