The Ruhr and Hyperinflation

Question 1

What is the Ruhr

Answer 1

An important industrial part of german

Question 2

Why was Germany suffering with economic instability

Answer 2

War and reparation meant Germany had no money

Question 3

When did Germany start printing money

Answer 3

1921

Question 4

When did French troops invade the Ruhr

Answer 4

Took payments by force in 1923

Question 5

What did the German government tell Ruhr workers to do?

Answer 5

Passively resist - strike, the government promised they’d pay their wages.

Question 6

What does passively resist mean

Answer 6

Protesting in a non-violent way, like refusing to co-operate​

Question 7

What does hyperinflation mean

Answer 7

When money in Germany became worthless.

Question 8

How did hyperinflation impact the very wealthy landowners

Answer 8

Positive impact - They were protected as land was a possession. Also they often held money in foreign currencies and had other possessions.

Question 9

How did hyperinflation impact the middle class with savings

Answer 9

Negative impact - All their life saving were now worthless. May have taken 20 years to save 1000 marks but now they couldn’t even by bread with that.

Question 10

How did hyperinflation impact the pensioners

Answer 10

Negative impact - Their income wouldn’t by them what they needed anymore

Question 11

How did hyperinflation impact the poor with debts

Answer 11

Positive impact - They found it incredibly easy to pay off debts. Their debt of 10,000 marks could not be payed of with one banknote.

Question 12

Acronym BRAT

Answer 12

Blame - for causing WW1
Reparations - 6.6 billion from the treaty of versailles
Army - They reduced the army
Territory - Was taken such as the Ruhr

Question 13

Why, when and who invaded the Ruhr

Answer 13

French invaded the Ruhr in 1923 as it was a rich industrial part of Germany. The French had debts with the US they needed the reparation money to pay off.

Question 14

Why did Germany print money

Answer 14

They were bankrupt after WW1 and due to the treaty of versailles reparations they owed a lot of money and couldn’t pay it back quick enough.

Question 15

Economic consequences of the invasion

Answer 15

The German government had to pay the striking workers and couldn’t keep up with the reparation payments.

Question 16

Hyperinflation consequences

Answer 16

Printing more money helped the government pay the striking workers. It was a vicious cycle: the more prices rose, the money was printed, resulted in yet more rising prices. By 1923 prices had reached spectacular heights, and the German currency effectively became worthless.