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