WORLD HISTORY

Detailed explanation-1: -In order to pay the striking workers the government simply printed more money. This flood of money led to hyperinflation as the more money was printed, the more prices rose. Prices ran out of control, for example a loaf of bread, which cost 250 marks in January 1923, had risen to 200, 000 million marks in November 1923.

Detailed explanation-2: -The more money that the government printed, the more the money became worthless. This meant that, when other countries exchanged their money to Reichsmarks, it wasn’t worth anything. As a result, imports to Germany fell and the shortages became worse. Germany could not import the goods it needed for survival.

Detailed explanation-3: -Hyperinflation is a condition where the price of everything in a national economy goes out of control and increases very quickly.

Detailed explanation-4: -In 1923 Germany refused to pay and the French occupied its leading industrial area, Ruhr, to claim their coal. Germany retaliated with passive resistance and printed paper currency recklessly. With too much currency in circulation, the value of the German mark fell.

Detailed explanation-5: -The price of a loaf of bread went from 250 marks in January 1923 to 200 trillion in November-when Adolf Hitler and the Nazi Party attempted the Beer Hall Putsch, a failed government takeover.