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Why did German money became worthless?
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.
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The Euro is used in Germany. The paper bills are colored with pictures of famous Europeans. The coins have the Euro symbol on one side and a famous national landmark on the o…ther side.
Since New York was not as poor or higher class the Pennsylvania thier money wasnt worth as much. Think of it as pesos are to America you need a lot of pesos to equal a dol…lar in America. And also since Their wasnt any real government nobody could control that
Zeit bist der Geld
Roman money finally became worthless because when Rome stopped conquering new lands, no new sources of wealth were available. Food was scarce. Making food prices go up. To pay… for the food, the government decided to produce more money in the form of coins. The value of depended on the amount of silver in them. But since the government didn't have much silver, in put less and less value in the coins. (This is called inflation.) If inflation isn't controlled, money has less and less value. Roman coins soon became worthless.
German money is called euros
The German government printed too much of it before World War 2.
At that time Germany consisted of over 300 separate states, and at least 50 states issued their own coinage. On the larger coins all currencies had to state their value in rel…ation to the Cologne Mark. This was a carefully preserved lump of silver weighing 533.2 grammes. (The German states had the option of using the Leipzig Mark as an alternative standard, but this was rare by 1700). In practice there were three main currencies: # The Taler (spelled Thaler in those days). It was used in most of North Germany, including Brandenburg-Prussia and Saxony. Until 1821 it consisted of 24 Groschen of 12 Pfennings each. (So 288 Pfennigs were 1 Taler). From 1764 on all Prussian Talers were inscribed 'XIV eine Mark fein' - that is, 14 to the [Cologne Mark]. # The Gulden (which was significantly less that 1 Taler). It was used in Austria and the South German states. It consisted of 60 Kreuzer of 4 Heller each. (So 240 Heller were 1 Gulden). # The Schilling (of 12 Pfennigs), which was used in Hamburg, Lübeck, the two Mecklenburg states, Schleswig, Holstein, Oldenburg and a few others. Some states had more than one coinage at any given time, as some provinces had their own coinage. The value of the various currencies against the Cologne Mark varied as some states devalued their currencies and so on ... Note that the whole subject, along with pre-metric weights and measures in the German states, is complicated.
Up until the tenth century, the Germans were a loose knit group of tribes. Over time they began to form nations. Eventually the people who lived in these nations began to call… themselves Germans. The real unification of the Germans took place when Luther published the German Bible in 1534 but this was a unity through language rather than culture. The country of Germany was established in its present form when Otto von Bismarck led the move to unification in 1871. Short answer: They were tribes of people who shared the same culture.
ich bekomme 20 pfund pro woche von meiner mutter meiner meinung nach da ist genug ich habe schmuck gekauft meine leibling geschäft ist topshopp weil es das schmuck ist ist se…hr hübsch . Ich habe blau kleid bekommen fur meine freunde geburtstag ich bin sehr begeistert ich habe meine freunde geburtstag geschenke ich habe ein buch gekauft in der zukunft ich werde £80 sparen fur ein handy weil meine handy ist brochen
Germany uses the Euro (100 Euro cents = 1 Euro)
The German labor force is broken up into these three major categories: services (63.8%), industry (33.4%), agriculture (2.8%) (as of 2006) The three main categories fo…r services are as follows: financial, renting, and business activities (30.5%); trade, hotels and restaurants, and transport (18%); and other service activities (21.7%). The main industries are iron, steel, coal, cement, chemicals, machinery, vehicles, machine tools, electronics, food and beverages, shipbuilding, textiles
Well it depends on where you get it from the can range from $1600-800 maybe lower
In the early 1920s inflation made German money nearly worthless and led to Germany's economic collapse?
It's complicated, so let's simplify this a bit. During World War I, Germany chose to pay for their efforts by taking out massive loans, rather than raise taxes lik…e other countries. They expected to win the war- and when they won the war, they planned to conquer valuable industrial lands and colonies from the losing countries, and to demand reparations from them as well. In reality, Germany lost the war. So not only did they wind up having to pay massive reparations (payment of which the victors would only accept in the form of gold or other valuable goods, rather than money), but they still had these huge loans to repay. Additionally, one of Germany's largest industrial regions, the Ruhr, was occupied for a few years by France, and then was occupied again (by France) when Germany's economy started to go bad in the early 1920s. The new government's policies contributed to making the problem worse- they kept printing more money while buying foreign money to pay off debts. This just made their own money worth less and less, until by 1923 it was worth so little that it was cheaper to burn money than wood.