USA HISTORY

Detailed explanation-1: -The aftermath of Germany’s loss in World War 1 saw the country experience severe hyperinflation, with the Weimar Republic finally tackling the issue by 1923. A period of known as the Golden Twenties then saw major economic stabilization and growth fuelled largely by foreign investments and loans.

Detailed explanation-2: -Hyperinflation soon rocked Germany. By November 1923, 42 billion marks were worth the equivalent of one American cent. During a period of hyperinflation in 1920s Germany, 100, 000 marks was the equivalent one U.S. dollar. Finally, the world mobilized in an attempt to ensure reparations would be paid.

Detailed explanation-3: -The post–World War I recession was an economic recession that hit much of the world in the aftermath of World War I. In many nations, especially in North America, economic growth continued and even accelerated during World War I as nations mobilized their economies to fight the war in Europe.

Detailed explanation-4: -Stock prices collapsed first, by the end of 1919. The downturn in wholesale prices came 6 months later. By the autumn of 1920 a severe industrial depression had developed. Factory employment dropped 30 percent from March 1920 to July 1921.