History, asked by SakshiDeshmukh5729, 1 year ago

Factors that created economic rises in Germany

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Answered by akanksha1681
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factors that created economic crisis in Germany are
in 1923 Germany refused to pay the loans and the French occupied its leading Industrial Area to claim their goal .
Germany retaliated with passive resistance and printed paper currency recklessly
way too much printed money in circulation the value of German mark fell .
in April the US dollar was equal to 24000 marks, in July 353000 marks and at 98860, 000 marks by December comma and the figure had Run into trillions
is the value of Mark collapsed prices of goods soared.
this situation came to be known as economic crisis in Germany
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