Social Sciences, asked by keerthana18552, 3 months ago

Identify the country which bailed Germany out of the economic crisis of 1923.
A. France
B. Union of Soviet Socialist Republics
C. United Kingdom
D. United States of America​

Answers

Answered by 1130037
1

Answer:

france is the answer

Answered by Anonymous
0

United States of America​ bailed Germany out of the economic crisis of 1923.

  • At the time when resources were limited, Germany had pursued the war largely on loans and had to pay war reparations in cash and dwindling gold reserves.
  • Germany declined to typically pay in 1923 and, to allegedly demand their coal, the French invaded its leading industrial area.
  • Submissively, they retaliated, and carelessly produced paper currency. With considerable money in circulation, the mark's value had naturally dropped and as the value plummeted, commodity prices soared.
  • Ultimately, America wanted to bail Germany and adopted the political Dawes scheme, which was reworked to alleviate their financial burden.

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