write short note on about spartacist league moment in Germany.
Answers
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.
In December 1923, 1 US dollar was equal to 98,860,000 marks. People had to carry a cart load of currency to buy a loaf of bread. This crisis is known as hyperinflation.
Answer:
The Spartacus League (German: Spartakusbund) was a Marxist revolutionary movement organized in Germany during World War I. The League was named after Spartacus, leader of the largest slave rebellion of the Roman Republic. It was founded by Karl Liebknecht, Rosa Luxemburg, Clara Zetkin, and others. The League subsequently renamed itself the Kommunistische Partei Deutschlands (KPD), joining the Comintern in 1919. Its period of greatest activity was during the German Revolution of 1918, when it sought to incite a revolution by circulating the newspaper Spartacus Letters