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How did the severe inflation in Germany affect the population?
Wiki User
∙ 14y ago
For Millions of Germans, a lifetime's worth of hard work and savings had vanished!
Wiki User
∙ 14y ago
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What was one similarity between France during the 1790's and Germany during the 1920's?
Severe inflation contributed to the rise of radical political groups
How did the severe punishment to Germany at the end of World War I contribute to World War 2?
The reparations Germany was required to pay after World War 1 contributed to the hyper inflation that existed in the Wiemar Republic of Germany that coupled with the Great depression lead to the rise of Dictatorships in Germany and Italy. And with Hitlers rise to power lead the world into World War 2.
What was their a shortage of in Germany during World War 2?
People. Germany had a severe lack of manpower. It also suffered from shortages of gasoline and coal.
What happened to the currency of Nazi Germany?
For a long time the currency (the Reichsmark - RM) was artifically propped up, but from 1944 onwards Germany experienced severe inflation (for the second time in a generation). In West Germany the currency was 'reformed' in June 1948 with American support. The new postwar currency was the Deutsche Mark (DM) and it was introduced at the rate of RM10 to DM1. In other words you had to pay ten RM to get one DM. However, on balances of more than RM5000 the rate was RM13.50 to DM1.
How did the worldwarI affect Germany in 1921?
Having all its colonies siezed and having to pay for all damages sustained by the Allies during the war, Germany was thrown into a severe economic depression. The German money was so worthless people wall papered their walls with it. This economic failure gave rise to Hitler and Nazism. Garunteeing people economic prosperity Hitler and his party was elected to a majority in the German government creating the the Third Reich.
What is inflation on working capital?
What_is_inflation_on_working_capitalimpact of inflation onworkingcapital
How can a severe winter affect a deer population?
It can effect it because the deer can freeze to death
What was one similarity between France during the 1790's and Germany during the 1920's?
Severe inflation contributed to the rise of radical political groups
What is the definition of economic inflation?
Economic inflation or just inflation is the rate at which the general level of prices for goods and services is rising. Central banks attempt to stop severe inflation, along with severe deflation, in an attempt to keep the excessive growth of prices to a minimum. Inflation or deflation will always occur in a economy but the role of the Fed is to make less severe.
How does severe weather affect population?
The severe weather decreases the population because it can destroy houses and much more damaging things. Whenever people hear about storms like these, people want to leave to be safe.
Why Spain had severe inflation?
what is the cause of the spanish economy declined and at times spain was bankrupt
How did the severe punishment to Germany at the end of World War I contribute to World War 2?
The reparations Germany was required to pay after World War 1 contributed to the hyper inflation that existed in the Wiemar Republic of Germany that coupled with the Great depression lead to the rise of Dictatorships in Germany and Italy. And with Hitlers rise to power lead the world into World War 2.
How did the devaluing of the mark affect the lives of ordinary German citizens?
The devaluing of the mark during the hyperinflation in 1920s Germany caused severe economic hardship for ordinary citizens. People's savings became worthless, causing a loss of wealth and financial stability. Prices for everyday goods skyrocketed, making it difficult for people to afford basic necessities. Many were pushed into poverty and struggled to make ends meet.
What is the comparative degree and superlative degree of severe?
Severer and Severest. Example: Winters in Prudhoe Bay are usually severer than winters in Palm Beach. In 2000, Zambia experienced its severest inflation of the past decade.
Is the agency problem are likely to be more or less severe in Germany and Japan than in the US?
Germany stinks!!!!! Why are you talking about it?
Which effect of low inflation might make it difficult for students to go to college?
Low inflation can have severe effects on interest rates and student loans. If the interest rates get too high it can become difficult for students to go to college.
Which severe storm types affect Winston-Salem?
The Winston-Salem are tends to have severe thunderstorms and tornadoes. The area can be extremely humid, which leads to severe storms.
