Germany fell into the Trap of hyperinflation situation after first world war discuss this with 5 points
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Answers
Answer:
Hyperinflation affected the German Papiermark, the currency of the Weimar Republic, between 1921 and 1923, primarily in 1923. It caused considerable internal political instability in the country, the occupation of the Ruhr by France and Belgium as well as misery for the general populace.
Explanation:
A loaf of bread in Berlin that cost around 160 Marks at the end of 1922 cost 200,000,000,000 Marks by late 1923.[17]
By November 1923, the US dollar was worth 4,210,500,000,000 German marks.[18]
50,000 marks, Aachen, 1923
500,000 marks, Leipzig, 1923
5,000,000 marks, Danzig, 1923
50,000,000 marks, Trier, 1923
500,000,000 marks, Dresden, 1923
5 billion (5 Milliarden) marks, Berlin, 1923
50 billion (50 Milliarden) marks, Plauen, 1923
500 billion (500 Milliarden) marks, Berlin, 1923
5 trillion (5 Billionen, 5×10¹²) marks, Stuttgart, 1923
50 trillion (50 Billionen, 50×10¹²) marks Eschweiler, 1923