History, asked by jitanderchorhachorha, 1 day ago

what was the major factor responsible for economic crisis in Germany 1920​

Answers

Answered by rangersamurai756
0

Treaty Of Versailles with the allied powers served as humiliation for Germany as the whole blame for wars and damages was put on Germany.

Germany was under a debt of 6 billion pounds. In 1923, when gold resources were scarce, Germany was forced to give all it's gold to allied powers.

When France captured Ruhr in 1923, Germany retaliated by printing currency recklessly which destroyed it's economy and led to an economic crisis in Germany.

Answered by pandeyshailja0507
3

Answer:

the major factor responsible for economic crisis in Germany during 1920 were the compensation paid by Germany the territory occupied by neighboring countries and the amount of money spent in war.

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