History, asked by isha9054, 1 year ago

explain the hyperinflation conditions in Germany?

Answers

Answered by psjain
4

The 1923 crisis  arised when Germany missed a reparations payment. This situation spiralled out of control and  the  people were unhappy and in financial difficulty.

The sudden supply of paper money into the economy along with  the general strike -  meant that no goods were manufactured, so there was more money, chasing fewer goods  together with a weak economy ruined by the war, culminated  in hyperinflation.  

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