Cards (7)

  • Home war debt
    Assumption that Germany would win the war, 1.44 billion marks debt - 1919
  • War Guilt Clause
    accepting Article 231 and reparation payments
  • Reparations Bill
    1921 - 6.6 billion to be paid in coal, goods, gold etc but not in marks
  • How did the Weimar allow inflation
    Didn't raise taxes
  • What was Hyperinflation caused by
    Passive resistance against the french invasion of the Ruhr 11th January 1923
  • Problems caused by Hyperinflation
    • prices quadrupled 
    • savings disintegrated 
    • fixed incomes lost their value 
    • people struggled to afford basic necessities
  • Positives of Hyperinflation
    • Industrialists benefited
    • Debt was paid off easily