what was the economic crisis of 1923 how did it affect Germany
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Answer:
The hyperinflation crisis, 1923
The Weimar government's main crisis occurred in 1923 after the Germans missed a reparations payment late in 1922. This set off a chain of events that included occupation, hyperinflation and rebellions please mark brainliest only one is remaining
Answer:
Occupation of Rhur by the French forces to claim coal created further resentment. c. Germans in order to deal with the crisis, recklessly printed more currency, they flooded the market with German mark that is increased its supply in the market therefore its value decreased.
The Great Depression affected all capitalist economies in the world. American banks immediately withdrew the loans they had made to Germany. Businesses closed, unemployment rose and inflation was rampant. German money had so little value, that it might take a wheelbarrow full of notes to buy a few groceries.