losers

Cards (9)

  • there were lots of food riots, there was a break down in law and order, there was a large increase in looting, criminal convictions, and bartering.
  • people relying on savings and investments lost out badly, and pensioners/war widows were hit very badly.
  • those who lent in war bonds at fixed interest rates lost out as these interest payments became worthless
  • fixed- rent landlords lost out massively, as rent payments became worthless
  • by 1923, there was a major rise in unemployment and only 29.3% of the population were fully employed. lots of germans completed short-term or part-time work
  • the Mittelstand were paying a disproportionate share of taxes as costs rose and prices could not keep up
  • healthcare prices rose, and higher food costs led to mass malnutrition and sickness, as well as higher death and suicide rates in germany
  • tuberculosis and rickets (dietary diseases) increased in children. there was lots of uncertainty as the middle class became impoverished and people who grew up comfortable and prideful lost everything
  • workers had wages settled with unions, but prices were way too high for this to make a difference