HISTORY
THE WORLD BETWEEN THE WARS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
What made Germany print so much money and cause inflation?
|
|
They wanted everyone to be rich.
|
|
|
Reparations for WWI
|
|
|
The citizens needed wall paper
|
|
|
Printing money lowered prices.
|
Explanation:
Detailed explanation-1: -The Weimar government’s main crisis occurred in 1923 after the Germans missed a reparations payment late in 1922. This set off a chain of events that included occupation, hyperinflation and rebellions.
Detailed explanation-2: -Germany had suspended the gold standard and financed the war by borrowing. Reparations further strained the economic system, and the Weimar Republic printed money as the mark’s value tumbled. Hyperinflation soon rocked Germany. By November 1923, 42 billion marks were worth the equivalent of one American cent.
There is 1 question to complete.