how Great Economic Depression caused hyperinflation in Germany 1923
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Hyperinflation resulted, wiping out the value of savings. During 1923 Germany printed more money to pay striking workers. ... Between 1929 and 1933, high unemployment led to severe poverty in Germany. After WW1 unemployment was a majorfeature of the German economy.
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HOWDY MATE.
Here's your answer.
The Great Economic Depression of 1923 shook the World as the Wall Street Exchange the biggest Stock exchange in The World fell.Many Countries Economy Fell of.
Germany was Greatly impacted by this Depression. U. S. had been supporting Germany through Dave's Plan to help Its Economy To get back on track after the great devastation of World War I and Versailles Treaty.
When Great Economic Depression occurred,U. S. Economy Fell,on one Single day 13 million shares were being sold.So the United States Withdrew Dave's Plan and stopped the Economic Aid to Germany.
Hope it helps you.
Here's your answer.
The Great Economic Depression of 1923 shook the World as the Wall Street Exchange the biggest Stock exchange in The World fell.Many Countries Economy Fell of.
Germany was Greatly impacted by this Depression. U. S. had been supporting Germany through Dave's Plan to help Its Economy To get back on track after the great devastation of World War I and Versailles Treaty.
When Great Economic Depression occurred,U. S. Economy Fell,on one Single day 13 million shares were being sold.So the United States Withdrew Dave's Plan and stopped the Economic Aid to Germany.
Hope it helps you.
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