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When the German government increased the quantity of money in the German economy in the 1920s?
Wiki User
∙ 7y ago
government experienced hyperinflation
DONNELL PADILLA
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How did the German government encourage economic development?
It owned and mangaed Germany's industry.
Why was German economy bad in 1925?
The German people were generally blamed for starting WW1 because Germany caused the most casualties and the most damage. Because of this completely false accusation, Germany was forced to sign the Treaty of Versailles which made Germany pay every country it damaged. The German government was in a frenzy to pay off this unfair debt and began mass printing the German currency. This lead to such massive inflation that a loaf of bread at one point cost over 20,000,000,000 (billion) German Marks. WW1 ended in 1919, and Germany didn't really begin to prosper again until the rise of Adolf Hitler in 1933.
How did World War 2 affect Africa's economy and government?
At the time Africa was not as united as it now. Considering it is still a divided continent, this must be taken into consideration. The only country where war was fought in Africa was Libya. At the time Libya had no central government, and is pretty much like what Somalia is today. Run by pirates and warlords. German forces marched right in and those pirates ran like hell. Technically, since German forces were simply camped in desert trenches, not many villages and no major cities were affected by the war. Perhaps some villages had food stolen from them and this may have caused a slight food shortage to a particular region, but aside from this Africa's economy was not affected by WW2 in the slightest.
Which economic systems allow government to control most aspects of the economy?
Generally speaking nations where much of the means of production are either owned or controlled by the central government control most of that country's economics. What also needs to be addressed is that dictatorships, either fascist or some other type also control the major aspects of a country's economy by virtue of their unlimited power to force their economies to produce certain goods or / and direct the paths of major industries. The best example of this is Nazi Germany. Hitler's government did not "own" German industry but he could dictate what products they "should" produce. It is said but it cannot be held as "doctrine" that Russia's major economic policies are governed by Mr. Putin. Of course all nations calling themselves "communist" nations always play a huge role in their nations economics.
What is the inflation rate in Germany?
Due to the Treaty of Versailles, Germany had to pay reparations to France, Belgium and Britain (£6.6 billion). The reparations were due to start in 1921. French and Belgium troops invaded the Ruhr in response to the German Government failure to pay the reparations they owed. Germans workers were then forces to go on strike in the Ruhr but continued to get paid. The German Government printed more money to pay the German workers and to pay the reparations they owed the other countries. Then the workers on strike got more money that they could buy things from the shop. As they spent more money in shops they shop keepers put their prices up. The German Government carried on printing money so the shopkeepers raised their prices again. Then prices were inflating do fast that it was known as hyperinflation. By November 1923 a loaf of bread cost around 20 million marks.
What was Hitler planning to help the German economy?
Controling the world's economy and resources, and basically reforming the government.
When the German government printed more money in the German economy in the 1920's what happened?
the value of that money fell.
Why did the weimar republic struggles?
Most Germans did not believe in democracy ~ Apexvs.com The people did not support the government. The German economy was crippled by reparations.
What is the German government planning to do by 2020?
The German government has set goals to reduce greenhouse gas emissions, increase renewable energy sources, and invest in sustainable transportation by 2020. They aim to achieve a more sustainable and environmentally friendly economy.
What is the role of the German chancellor?
The German Chancellor is the head of government in Germany, responsible for setting government policy and representing the country both domestically and internationally. The Chancellor is elected by the Bundestag (German parliament) and leads the executive branch of government.
What was the name of the German government?
The name of the German government is "(die) Bundesregierung".
Should German economy be capitalized?
Yes. It should be German eco nomy.
How do you say economy flights in German?
Billigflüge
Is DHL run by the German government?
No, DHL is a german company but not run by the government.
Why did the German economy fall after world war 2?
Basically, every war is expensive. Even Americas very short war with Tripoli costed millions. The Allies took land, money, and power from the helpless German government.
Did the collapse of the German economy led to the German surrender in World War 1?
Yes it did.
What were the major changes the Nazi Party brought about in the German economy?
The Nazi Party radicalized the German public and this led to the shift of economic resources to a war economy. By 1938, 52% of government expenditures and 17% of Germany's GNP was devoted to armaments. In 1938, Germany was spending more on weapons than Britain, France and the US combined.
