Why did the hyperinflation crisis occur?

Cards (8)

  • Hyperinflation- inflation is when money looses it's value and price of goods increase.
  • When did the crisis occur?
    Germany 1923
  • Why did Germany have to pay reparations?
    Part of the Treaty of Versailles
  • Reasons of why the economy was weak after WW1:
    • Large debt
    • Lower production of goods
    • Many people without jobs
  • Why did French and Belgian troops occupy Ruhr?
    Germany couldn't make reparation payment
  • What did the government tell workers to do in Ruhr?
    Go on strike
  • What did the Weimar government do to try and solve the problems?
    Print more money
  • Why did hoarding goods cause further problems?
    Made goods even scarcer and pushed prices even higher