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Weimar Germany
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Cards (6)
Hyperinflation in Weimar
Germany
The German economy experienced
hyperinflation
in the early 1920s, with prices increasing by a factor of
1 trillion
between 1921 and 1923.
Reparations in Weimar Germany
Germany was forced to pay massive
reparations
to the
Allied
Powers after World War I, which further strained the economy.
Unemployment in Weimar Germany
Unemployment rates soared, reaching over
30%
in
1932
, with many
young
people
and
women
struggling to find work.
Depression in Weimar Germany
The global
economic depression
of the 1930s hit Germany hard, with
industrial production
declining by
40
% between
1929 and 1932.
Agricultural Crisis in Weimar Germany
The
agricultural
sector was also severely affected, with many
farmers
struggling to make ends meet due to low
prices
and
high production costs.
Banks
and
Industry
in Weimar Germany
Many
banks
and industries went bankrupt, leading to widespread economic instability and
uncertainty.
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