The document discusses the economic problems facing Germany in the 1920s following World War 1. After being unable to pay reparations as required by the Treaty of Versailles, French troops occupied the Ruhr region, Germany's key industrial area, in 1923. This led the German government to print more money, causing hyperinflation where the currency lost all value. Hyperinflation caused food shortages and rising crime as Germans struggled. The crisis ended in 1924 under the Dawes Plan, but Germany now relied on US loans, leaving it vulnerable. The author worries Germany may see more conflict if economic conditions do not improve.
The document discusses the economic problems facing Germany in the 1920s following World War 1. After being unable to pay reparations as required by the Treaty of Versailles, French troops occupied the Ruhr region, Germany's key industrial area, in 1923. This led the German government to print more money, causing hyperinflation where the currency lost all value. Hyperinflation caused food shortages and rising crime as Germans struggled. The crisis ended in 1924 under the Dawes Plan, but Germany now relied on US loans, leaving it vulnerable. The author worries Germany may see more conflict if economic conditions do not improve.
The document discusses the economic problems facing Germany in the 1920s following World War 1. After being unable to pay reparations as required by the Treaty of Versailles, French troops occupied the Ruhr region, Germany's key industrial area, in 1923. This led the German government to print more money, causing hyperinflation where the currency lost all value. Hyperinflation caused food shortages and rising crime as Germans struggled. The crisis ended in 1924 under the Dawes Plan, but Germany now relied on US loans, leaving it vulnerable. The author worries Germany may see more conflict if economic conditions do not improve.
BATTLEFIELD! GERMAN CONDITIONS HAVE GONE FROM BAD TO WORSE
Economic Problem 1919-1923
As a consequence of signing the Treaty of Versailles, the Weimar Governemnt was obliged to pay reperation but of course, in the 1922 due to the degrading economic problems they were unable too pay there next instalements. The french believed the Weimar Government should oay and decided to send Hyperinflation and the Future of the Ruhr 60,000 officers to battle for As a resullt of the In 1924, the crisis was rbought th3e next industrail resources Hyperinflation crisis, any to an end by the Dawes Plan produced by the Ruhr civilians. German with savings lost the and the introduction of a new most, as their money lost its currency, the Rentenmark. The This cause the governemnt to value The elderly suffered German economy was now print more money in order to greatly due to fixed income. dependent on loans from the pay the striking Germans Germans who wer paid monthly USA. workers in the Ruhr, the were effected. Those who had inflation rate rose dramatically taken out loans found it much Hyper-inflation had serious that the German currency lost easier to pay them bakc. There repurcussions for our Weimer virtually all value this was called were food shortages, and there Government and we are all Hyperinflation. was a huge rise in crime as hoping for a new beginning and Germans became desperate. not a place where war is all around.
Instituto Superior de Formación Docente N°42 "Leopoldo Marechal" Materia: Introducción Al Inglés Con Fines Académicos. Student: Daiana Cerniskov First Term. Morning Shift