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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.
What else can I help you with?
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.
How many countries are in recession?
All countries across the globe are affected by this economic crisis. The ones that are worst hit are United States (USA), United Kingdom (UK), Germany, Japan, Brazil etc. The economic crisis is believed to have originated from the USA but since they are the largest economy in the world and almost all countries are interrelated to one another the effect spread to all nations
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
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
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.
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.
How do you feel about the economic crisis in the US?
The current crisis (circa 2009/2010) is the worst economic crisis of American history, but the same is true for almost every country of the developed World. Part of the cause may be due to policies of the US government but the same can also be said for other countries. It possible that the expense of wars in Afghanistan and Iraq have made the crisis a little worse.
