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The basic cause of hyperinflation was the govt's(Government's) decision to print money. It was the government who gained from this process. eliminating the vast mountain of debt that the First World War had left it.
The introduction of a new currency on the November 15, 1923 was eventually to bring stability but it did not restore prosperity to those who had been ruined.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoThis was caused by the government printing enormous amounts of money, and the confiscation by the allies that gave gold, and backed up the money.
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What was the name of the plan for rebuilding Germany and Japan after World War 2?
The short answers is that they were unable to rebuild after the first world war. The Treaty of Versailles called for Germany to pay war reparations to France which crippled Germany's economy. The high unemployment and inflation led to Hitler being able to seize power.ANswer IDK hahah this is the best answer
What political post did Adolf Hitler hold on Germany?
He was the Chancellor of Germany.
What country was split in two at the end of world war 2?
Germany was split in two at the end of World War II. The eastern part became the German Democratic Republic (East Germany), while the western part became the Federal Republic of Germany (West Germany). This division was a result of the post-war agreements made by the Allied powers.
What do you call the society of post World War I?
What do you call the society of post ww1?
What is known as post war world?
Post war is after World War II; 1945. Post cold war is after the cold war; 1990 (even though the papers were signed in 1991).
What are the causes of tire wear in the centre of a tire?
Over inflation. Inflate the tire to the correct pressure as listed in your owner's manual and on the driver's door post.
Who was Germany's leader post World War 1?
;alksdjf
What was the name of the plan for rebuilding Germany and Japan after World War 2?
The short answers is that they were unable to rebuild after the first world war. The Treaty of Versailles called for Germany to pay war reparations to France which crippled Germany's economy. The high unemployment and inflation led to Hitler being able to seize power.ANswer IDK hahah this is the best answer
Why did Hitler become popular in the post first world war Germany?
He was a soldier.
Was Marxism possible in post war Germany?
Yes, it was a threat after both World Wars
The ultra conservative political ideology of post World War 1 Italy and Germany?
Fascism is the word.
What were some famous events that happened in the 1930s?
great depression, post world war, Germany tries to take over, Hitler springs to front of Germany's politics
What best describes a period of inflation?
Characteristics of inflation are: Inflation involves a process of the persistent rise in prices. It involves rising trend in price level. Inflation is a state of disequilibrium. Inflation is scarcity oriented. Inflation is dynamic in nature. Inflationary price rise is persistent and irreversible. Inflation is caused by excess demand in relation to supply of all types of goods and services. Inflation is a purely monetary phenomenon. Inflation is a post full employment phenomenon. Inflation is a long-term process
What are two things that contributed to the economic crisis in Germany before World War 2?
There were several issues that helped create an economic crisis in Germany in the years before World War Two. Prior to 1933, Germany had been hit with runaway inflation and problems paying the war reparations of the Treaty of Versailles. These two issues placed post World War One Germany in an economic depression. After the Nazi's gained control of Germany, they violated various parts of the Versailles Treaty, and placed the country on a "war footing". With borrowed funds they began to fuel the making of their war machine.
What was Hitler's reasoning for the war?
Hitler's reasoning for world war 2 was to restore pride and empire to post- versailles Germany.
How did the world see Germany post World War 2?
As a nation in urgent need of economic rebuilding, as the war had cost countless millions in cash, and we did not need a bankrupt Germany as an economic noose whilst we tried to rebuild.
What was post World War 1 tension?
some post world war I tensions were: -War Debt -Job shortages -Increase of Imperialism -Fascist dictatorship; Hitler in Germany and Mussolini in Italy -Spanish Civil War (: <3
