Social Sciences, asked by zoya5446, 1 year ago

political redicalisation was only hightent by the economic crisis of 1923 explain.why?​

Answers

Answered by HimanshuPandeya
1

Economic Crisis of 1923

Germany had taken loans for the war and had to pay war

reparations only in gold. The gold reserves were depleted. The French occupied

Ruhr, a leading industrial area, when Germany refused to pay the reparation.

Germany printed paper currency recklessly, in retaliation. So the value of the

German Mark collapsed and the prices of goods soared. The Dawes Plan was

introduced to help Germany to come out of the financial crisis.

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