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Historical Interpretations
Political & economic instability 1918-23
Economic issues
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Created by
Emily Kindred
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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