Explain the economic crisis in Germany 1923
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The following points may help you: a. Germany was financially crippled after the first World War, little could Weimer Republic do to recover its economy, Germany under the reparation clause had to part with much of its gold reserves and later decided to print and issue more currency to pay for war damage .French and Belgian troops enter the Ruhr in the Occupation of the Ruhr because of Germany's refusal to pay war reparations, causing strikes and a severe economic crisis. ... 15 September - Germany's bank rate is raised to 90% due to hyperinflation. See 1920s German inflation.
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