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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.

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Rickie Glover

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How did dawes plan prevent a economic crisis in eroupe?

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.


Did the Treaty of Versailles contribute to the economic collaspe of Germany after World War 1?

no


Where is the setting of the Great Depression?

Mainly the United States of Americabut The Great Depression was a world-wide economic crisis.


Why economic crisis are rising all over the world?

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.


What were the effects of the reparations imposed on the German people?

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.

Related Questions

How did world war l contribute to a German economic crisis?

Germany printed more paper money to pay wartime reparations, which led to hyperinflation.


What is the reason for the current world economic crisis?

What_causes_global_economic_crisis


What is the reason of world economic crisis?

BIG people are making money.


Is the bank crisis the colapse of the western world?

No, it is just a planned re-organization of the economic structure.


What major economic crisis ended because of American involvement in world war 2?

vbh


How did dawes plan prevent a economic crisis in eroupe?

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.


According to the Prime Minister of Bhutan what was the cause of the economic crisis in the world today?

Jigme Yoser Thinley blamed the global economic crisis on "insatiable human greed".He stressed the greater importance of "Gross National Happiness".


What will the 700 billion dollar bailout solve?

It will solve the economic crisis that has affected the US and the whole world


Did the Treaty of Versailles contribute to the economic collaspe of Germany after World War 1?

no


Did World War 1 contribute to a German economic crisis?

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.


Why was the Cuban missile Crisis considered a world conflict?

Because the Soviets offered economic and military aid to Cuba


Where is the setting of the Great Depression?

Mainly the United States of Americabut The Great Depression was a world-wide economic crisis.