0
well one way is that war is the most expensive thing a nation can do. It costs a lot internally and then after losing they owed a lot to other countries. World War II came around and it was a repeat financial crisis after the loss. Then much later, after the fall of the Berlin Wall, East Germany had to convert to the West's currency (which was worth slightly more therefore the east lost money). Then once more Germany lost money after converting to the Euro which was worth more than the west's currency.
Magali Herman
Wiki User
∙ 8y agowell one way is that war is the most expensive thing a nation can do. It costs a lot internally and then after losing they owed a lot to other countries. World War II came around and it was a repeat financial crisis after the loss. Then much later, after the fall of the Berlin Wall, East Germany had to convert to the West's currency (which was worth slightly more therefore the east lost money). Then once more Germany lost money after converting to the Euro which was worth more than the west's currency.
Add your answer:
Earn +20 pts
What world crisis were going on in 1980?
There was no high profiled WORLD crisis going on in 1980.
Which are factors of World War 1?
The Moroccan crisis and the Bosnian crisis
How did capitalism contribute to beginning of World War 2?
It helped because the Great Depression largely caused by capitalism angered the German people who then started WW2
Did World War 1 contribute to a German economic crisis?
well one way is that war is the most expensive thing a nation can do. It costs a lot internally and then after losing they owed a lot to other countries. World War II came around and it was a repeat financial crisis after the loss. Then much later, after the fall of the Berlin Wall, East Germany had to convert to the West's currency (which was worth slightly more therefore the east lost money). Then once more Germany lost money after converting to the Euro which was worth more than the west's currency.
What is a crisis that changed the world?
World War 2
How did world war l contribute to a German economic crisis?
Germany printed more paper money to pay wartime reparations, which led to hyperinflation.
How did German currency lose its value?
Between World War I and World War II, Germany suffered "hyperinflation," whereby its currency essentially became worthless. The causes of this are numerous and complex, but most economics to ascribe the currency crisis to the financial strain of war reparations under the Versailles Treaty, which prevented the country from reinvesting in its industry and agriculture so that it could recover from the devastation of World War I.
How does Denmark contribute to the world economics?
Denmark is well known for having the highest tax rate in the world, besides we are a part of the EU commision and FN where we support other countries by military and financial means
When was Real-world economics review created?
Real-world economics review was created in 1933.
What world crisis were going on in 1980?
There was no high profiled WORLD crisis going on in 1980.
What is a sentence for crisis?
The Syrian crisis is getting out of hand.Excuse me Mr Prime Minster, but we have a crisis on our hands.The nuclear crisis was the beginning of the end of the world.
How did the D-Day Invasion contribute to the Allies victory in World War 2?
It put massive Allied force on the ground facing the German armies
How did the d-day invasion contribute to the allied victory in world war 2?
It put massive Allied force on the ground facing the German armies
When was World Institute for Development Economics Research created?
World Institute for Development Economics Research was created in 1984.
What has been the world's response to this crisis?
What crisis are you talking about. Be more specific.
Which are factors of World War 1?
The Moroccan crisis and the Bosnian crisis
How did capitalism contribute to beginning of World War 2?
It helped because the Great Depression largely caused by capitalism angered the German people who then started WW2
