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ruhr nd hyperinflation
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Created by
eshal faisal
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Cards (10)
Passive
resistance
A way of
opposing
somebody without using
any
kind
of
force
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Hyperinflation
Extremely high inflation where
money
becomes almost
worthless
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Enmities
Hatred
or
bad
feelings that someone might have
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The
German
government ordered workers to follow passive resistance by stopping work and not producing anything the
French
could take
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The German government
printed
more
money
to pay workers, but this led to
hyperinflation
as there was more
money
chasing
fewer
goods
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Hyperinflation resulted in prices running out of control, e.g. a loaf of bread costing
250
marks
in
January
1923
rising to
200
,
000
million
marks
in
November
1923
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Hyperinflation ruined the German economy and particularly badly hit
middle-class
people
with savings
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Children used
stacks
of
worthless
money
as building blocks, and people needed trolleys to carry enough money to buy a loaf of bread
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The
French
invaded the
Ruhr
, Germany's main
industrial
area, to try to recoup reparations owed under the
Treaty
of
Versailles
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Germany's army was limited to
100
,
000
soldiers
under the Treaty of Versailles, so they could not fight back against the French invasion
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