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German economic problems 1920's.
GERMAN HYPERINFLATION CRISIS: 1923
Treaty of Versailles gave away German territory of great economic value, such as the Saar region to France.
Two million German men died in the First World War and a further five and a half million sustained injuries, many of which prevented return to work. This represented a massive loss of workforce.
Germany was ordered to pay reparation debts of $30.4m in the Treaty of Versailles to the Allied countries.
By 1922 Germany had borrowed so heavily that inflation began to occur; the Weimar government accentuated this to try and gain sympathy from the Allies who would then stop the reparation pa...
GERMAN HYPERINFLATION CRISIS: 1923
Treaty of Versailles gave away German territory of great economic value, such as the Saar region to France.
Two million German men died in the First World War and a further five and a half million sustained injuries, many of which prevented return to work. This represented a massive loss of workforce.
Germany was ordered to pay reparation debts of $30.4m in the Treaty of Versailles to the Allied countries.
By 1922 Germany had borrowed so heavily that inflation began to occur; the Weimar government accentuated this to try and gain sympathy from the Allies who would then stop the reparation pa...
Posted by: Veronica Gardner
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