Economy, asked by LynnWoah, 1 month ago

What challenges and shortcomings did the Weimar Germany government face when conducting policies to solve hyperinflation?

Answers

Answered by rishikasrivastav88
0

Explanation:

The Weimar Republic came into existence during the final stages of World War I, during the German Revolution of 1918–19.

From its beginnings and throughout its 14 years of existence, the Weimar Republic experienced numerous problems, most notably hyperinflation and unemployment.

In 1919, one loaf of bread cost 1 mark; by 1923, the same loaf of bread cost 100 billion marks.

With its currency and economy in ruin, Germany failed to pay its heavy war reparations, which were resented by Germans to begin with.

Many people in Germany blamed the Weimar Republic rather than their wartime leaders for the country’s defeat and for the humiliating terms of the Treaty of Versailles, a belief that came to be known as the “stab-in-the-back myth,” which was heavily propagated during the rise of the Nazi party.

The passage of the Enabling Act of 1933 is widely considered to mark the end of the Weimar Republic and the beginning of the Nazi era.

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