Why did Germanys economy collapse in 1923?
the value of germanys currency dropped and inflation soared
Will the US collapse?
I highly doubt it. in the great depression it wasn't even near collapse, how could it be now It is highly likely the economy will collapse and we will have to rebuild it (not in the way as such a depression, but a total collaption) The country will need to find a new way to build an economy. The US could also collapse from power, such as the Roman Empire did as it got power…
How did Dawe's plan affect the German economy?
The Dawes Plan The Dawes Plan was a negotiation between the U.s. and Germany, to have Germany be softened by the burdens of war reparation. it had good effects such as bringing in more foreign investments and loans to the Germany market, also stabilizing the currency, and increasing of employment, since the U.S. introduced more businesses from their country. However the bad effects of the Dawes plan were that, soon germanys economy depended greatly on…
Why did European nations try to help Germany recover e comic collapse after ww1?
many counrtys didn't want or didn't help Germany recover. The treaty of Versailles limited germanys army, took all of germanys empire and made Germany pay a massive amount of money to France and belguim. This is why Germany was the hardest hit during the great despression. This economic loss is a big reason for the start of ww2.
Is inflation harmful?
Too much inflation will ruin the economy but small levels of inflation will spur growth. Inflation is very harmful to any economy because it can ruin the economy's development and growth and this is not suppose to be. Inflation is also very harmful to any economy because the people living in that economy might not survive the situation and this is when you see that an economy is affected and if nothing is done to…
What factors contributed to the collapse of the US economy at the end of the 1920s?
One factor that contributed to the collapse of the US economy at the end of the 1920's was the frenzy created when everyone started to invest in the stock market. This caused people to buy on speculation, but when the prices did not reflect what they thought they were going to be, the stock market crashed because the sellers of stock did not make a profit.