Why did germany suffer from hyperinflation in 1923? (6 marks)
Answers
Answered by
1
Answer:
Hyperinflation happened in Germany in 1923 when the Weimar government printed banknotes to pay reparations. Explanation: Germany was previously experiencing inflation due to the war and the increasing government debt because of the Treaty of Versailles.
Answered by
1
Answer:
Hyperinflation probably happened because the Weimar government printed banknotes to pay reparations and - after the 1923 French invasion - the Ruhr strikers. Because these banknotes were not matched by Germany's production, their value fell.
Similar questions