well one way is that war is the most expensive thing a nation can do. It costs a lot internally and then after losing they owed a lot to other countries. World War II came around and it was a repeat financial crisis after the loss. Then much later, after the fall of the Berlin Wall, East Germany had to convert to the West's currency (which was worth slightly more therefore the east lost money). Then once more Germany lost money after converting to the Euro which was worth more than the west's currency.
The Dawes Plan, established in 1924, aimed to stabilize the German economy and facilitate reparations payments post-World War I. By restructuring Germany's reparations schedule and providing loans from the United States, it helped to revive the German economy, which was crucial for the overall economic stability of Europe. As Germany regained economic strength, it could pay reparations to other countries, especially France and Britain, thus promoting a more stable and interconnected European economy. This plan mitigated the risk of economic crisis by fostering cooperation and financial recovery in the region.
no
Mainly the United States of Americabut The Great Depression was a world-wide economic crisis.
This is because America is the world's largest economy. America has 33% of the world's wealth and is going through an economic crisis of their own. Due to the recent increase in global trade and the tying of currencies together (see the Euro), shifts in a huge producer like the US can easily spread to other countries that rely on the US for exports, imports, currency stabilization etc etc.
The reparations imposed on Germany after World War I, primarily through the Treaty of Versailles, had significant economic and social effects. They contributed to hyperinflation in the early 1920s, leading to severe economic instability and hardship for the German population. This financial crisis eroded public confidence in the Weimar Republic and fostered political extremism, ultimately facilitating the rise of Adolf Hitler and the Nazi Party. Additionally, the reparations fueled resentment and a sense of humiliation among Germans, which further exacerbated nationalistic sentiments.
Germany printed more paper money to pay wartime reparations, which led to hyperinflation.
What_causes_global_economic_crisis
BIG people are making money.
No, it is just a planned re-organization of the economic structure.
vbh
The Dawes Plan, established in 1924, aimed to stabilize the German economy and facilitate reparations payments post-World War I. By restructuring Germany's reparations schedule and providing loans from the United States, it helped to revive the German economy, which was crucial for the overall economic stability of Europe. As Germany regained economic strength, it could pay reparations to other countries, especially France and Britain, thus promoting a more stable and interconnected European economy. This plan mitigated the risk of economic crisis by fostering cooperation and financial recovery in the region.
Jigme Yoser Thinley blamed the global economic crisis on "insatiable human greed".He stressed the greater importance of "Gross National Happiness".
It will solve the economic crisis that has affected the US and the whole world
no
well one way is that war is the most expensive thing a nation can do. It costs a lot internally and then after losing they owed a lot to other countries. World War II came around and it was a repeat financial crisis after the loss. Then much later, after the fall of the Berlin Wall, East Germany had to convert to the West's currency (which was worth slightly more therefore the east lost money). Then once more Germany lost money after converting to the Euro which was worth more than the west's currency.
Because the Soviets offered economic and military aid to Cuba
Mainly the United States of Americabut The Great Depression was a world-wide economic crisis.