Social Sciences, asked by DhruvDarji, 5 months ago

Why did the German Mark collapse?

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Answered by Anonymous

2

Answer:

Germany had to pay war reparation after its defeat in the First World War. But Germany refused to pay the reparation and France occupied Ruhr to claim Germany's coal. In retaliation Germany printed paper currency recklessly. As a result, the value of German mark collapsed and prices of goods soared.

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