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What was In postwar Germany the currency was nearly worthless because of?

inflation


In postwar Germany the currency was nearly worthless because of?

Infiltration -apex :)


What was the currency of Germany before World War 2?

Germany utilized a form of currency known as the "Mark"; though, the type of mark they used changed several times. Especially after the end of World War I, where the Papiermark had become nearly worthless.


Hyperinflation causes which economic effect in a country?

The country's currency becomes nearly worthless.


In post war Germany the currency was nearly worthless because?

In post-war Germany, the currency was nearly worthless due to hyperinflation, which was exacerbated by the economic devastation caused by World War II. The government printed excessive amounts of money to pay reparations and support reconstruction efforts, leading to a dramatic loss of value. Additionally, supply shortages and a lack of consumer confidence further contributed to the currency's collapse, making basic goods unaffordable for the average citizen. This situation ultimately necessitated the introduction of the Deutsche Mark in 1948 to stabilize the economy.


In the early 1920s inflation made German money nearly worthless and led to Germany's economic collapse?

true


How did the treaty of Versailles affect postwar?

The Treaty of Versailles had an enormous effect on postwar Germany. Specifically, it nearly bankrupted them through the payment of reparations, it reduced their military so that they could barely defend their borders, and it took away some of their lands and gave it to the victors.


What is a nearly worthless coin with three letters?

sou? Its french


What happen with the shares of a company that go bankrupty?

They become worthless or nearly so


What was the main problem with continental dollars?

The main problem with continental dollars was that they were not backed by a stable source of revenue or gold reserves, leading to overissuance and hyperinflation. This caused the value of the currency to plummet, resulting in a loss of confidence in its worth and making it nearly worthless in trade.


Why did romans coins decrease in value during the ad 200s?

Because the coins were made of debased (less pure) silver. The Roman Denarius was the basis of the currency system. It started out at nearly pure, but by the 200s was only 50% pure (making the coin worth half of what it was worth at the start of the republic) by the 300s the denarius was silver plated copper and nearly worthless.


How much is Ty Warren's signature worth?

about as much as you can get on eBay (depends on quality and authentic ism) it is nearly worthless