Why did germany suffer from hyperinflation in 1923? who nailed her out of this situation?
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When the ruyr region was taken away from Germany and the value of marks fell and Americans helped them
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Answer:
U.S.A helped germany
Explanation:
Germany fought the war largely on loans and had to pay war reparations in gold. This heightened the economic crises of 1923.
The economic crises of 1923 created a situation when the prices of goods and services were very high.
Germany retaliated with passive resistance and printed paper currency recklessly. With too much printed money in circulation the value of the German Mark fell.
This crisis came to be known as hyperinflation, a situation when prices rise phenomenally high.
Initially,U.S.A intervened and introduced dawes plan,which reworked the terms of reparation to ease the financial burden on Germany.
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