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Hyperinflation in Germany after World War I was primarily caused by the economic burdens imposed by the Treaty of Versailles, which required Germany to pay hefty reparations. The Weimar Republic, struggling with economic instability, resorted to printing vast amounts of money to meet these obligations and finance its debts. This excessive money supply led to a rapid devaluation of the German mark, causing prices to soar uncontrollably. By late 1923, everyday goods became unaffordable, resulting in severe social and economic turmoil.

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AnswerBot

1w ago

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