the German currency until it's downfall due to hyperinflation in the autumn of 1923.
At the end of World War I, the Allied countries received reparations from Germany and its allies as part of the Treaty of Versailles, signed in 1919. Germany was required to pay a total of 132 billion gold marks (approximately $33 billion at the time) in reparations, which aimed to compensate the Allies for the costs of the war. This financial burden contributed to significant economic problems in Germany and was a factor in the political instability that followed.
The Treaty of Versailles was the treaty ending World War 1, or The Great War. In the end, the Central Powers were required to pay 132 billion gold marks, though Germany, who was claimed in part of the Treaty to have 'unlimited theoretical liability', only had to pay 50 billion.
The total amount of reparations imposed on Germany after World War I was set at 132 billion gold marks, equivalent to approximately $33 billion at the time. This figure was determined by the Treaty of Versailles in 1919 and was intended to compensate the Allied nations for the costs of the war. However, the economic burden of these reparations contributed to significant economic instability in Germany during the 1920s.
DUMMLER & BREIDEN, I BELIEVE IT IS IN KOVEL'S NEW DICTIONARY OF MARKS PAGE 132
Mostly because of the repression of the Treaty of Versailles. This treaty made Germany pay the Allies 132 billion marks. Before 1921 it was 226 billion marks, but it was impossible for Germany to pay that off. This led to inflation, and then the fall of the German economy. Also, much of Germany was taken, and the Danzig was occupied by Poland, creating a barrier between Germany and East Prussia. Germany's military was restricted, and many vehicles and guns were not allowed. The Germans could only recruit 100,000 troops and an air force was disallowed. All of these led to the anger and frustration of Germany, and Hitler had promised to revive the economy and German to the former greatness. The people believed him and voted him the chancellor of Germany in 1933.
After World War 1, the Treaty of Versailles held Germany responsible for a debt of 132 billion gold marks. This is approximately equal to $33 billion in U.S. currency.
Treaty of Versailles and 1921 London Schedule of Payments set 132 billion marks as reparation for war to be paid by Germany for civilian loss. Germany actually had to pay only 50 billion of this sum and the remaining was not to be paid by Germany. Allied forces tried to deceive Anglo-French public by showing them that Germany was penalized heavily for its acts of aggression.
He is credited with capturing 132.
Alvin york
The Treaty of Versailles was the treaty ending World War 1, or The Great War. In the end, the Central Powers were required to pay 132 billion gold marks, though Germany, who was claimed in part of the Treaty to have 'unlimited theoretical liability', only had to pay 50 billion.
Since Germany did not fare well at the end of WW1, they had to pay 132 billion marks to the winners. This was to keep the nation from growing and was followed by hyperinflation. Under these circumstances, Germany was an economic disaster.
1 billion pounds per year
Sergeant Alvin York Sergeant Alvin York
In 2007/8 Work & Pensions £132 billion
The total amount of reparations imposed on Germany after World War I was set at 132 billion gold marks, equivalent to approximately $33 billion at the time. This figure was determined by the Treaty of Versailles in 1919 and was intended to compensate the Allied nations for the costs of the war. However, the economic burden of these reparations contributed to significant economic instability in Germany during the 1920s.
Alvin York was a United States soldier. He killed over twenty Germans as well as captured 132. These events earned him the medal of honor.
he contribute to world war 1 by helped cture 132 Germans when his patrol was attaced in France.