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Germany's economic problems were vast. Not only was her resources depleted after four years of war, but the reparations demanded from the victors through the Versailles treaty made certain that she would have a very hard time recovering. When the great depression hit in 1929, Germany was already in trouble, and things worsened rapidly. Through the financial creativity of Hjalmar Schacht (http://en.wikipedia.org/wiki/Mefo_bills) and huge public expenditure, especially on Autobahns, spurred by Hitler, Germany soon began recovering - much quicker than most other countries, resulting in many looking towards Germany for inspiration. Germany's recovery was, however, mostly based on finaicial bluffs, and sooner or later, this would be discovered. The annexation of Austria and Czechoslovakia and their reserves helped to alleviate the pressure on German economy. Soon afterwards war began and the international credits became redundant.
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Who was the peace signed by Germany after World War 1?
Germany signed the Treaty of Versailles after World War I on June 28, 1919. This treaty officially ended the state of war between Germany and the Allied Powers, imposing heavy reparations and territorial losses on Germany. The treaty is often criticized for its harsh terms, which contributed to political and economic instability in Germany in the following years.
Which event greatly contributed to the global economic slow down specifically in Germany shortly after the he conclusion of World War 1?
The signing of the Treaty of Versailles in 1919 significantly contributed to the economic slowdown in Germany after World War I. The treaty imposed heavy reparations on Germany, leading to hyperinflation and a substantial decrease in industrial production. This economic turmoil was further exacerbated by political instability and the loss of territories, which undermined Germany's economic foundation and led to widespread unemployment and social unrest.
What new state was created between France and Germany in World War 1?
Saar was the new state that was created between France and Germany in World War 1.
How did Germany change after WW1?
Germany was split up into four different areas; each of which was given to a different member of the Allies of World War I. It also dealt with many political and economic complications after the first world war.
What was the name of the treaty Germany signed in June 1919?
The treaty Germany signed in June 1919 is known as the Treaty of Versailles. This treaty officially ended World War I and imposed significant territorial, military, and economic restrictions on Germany. It aimed to hold Germany accountable for the war and prevent future conflicts but contributed to political and economic instability in the country.
What is the problem in World War 2?
What the problem was in world war 2 Germany,Japan,and Italy wanted to conquer the world mostly Germany.
Which of these is the BEST explanation for Germany's turn to a totalitarian dictator between the World Wars?
massive economic hardships caused by the Great Depression
What were the economic effects on Germany after World War 1?
there population
What nation experienced an economic miracle after World War 2?
Germany
Why did Adolf Hitler take Jews as prisoners in World War 2?
he blamed them for the reason Germany lost world war 1 and Germany's economic
Did the Treaty of Versailles contribute to the economic collaspe of Germany after World War 1?
no
How was Germany punished for it role in world war 1?
Germany was punished for its role in World War I by the requirement of war reparations. Germany was unable to pay the high costs and eventually went into complete economic failure.
How did the world see Germany post World War 2?
As a nation in urgent need of economic rebuilding, as the war had cost countless millions in cash, and we did not need a bankrupt Germany as an economic noose whilst we tried to rebuild.
What is a sentence for the word sustainable?
The economic is no sustainable with all the problem in the world.
Is Germany the second world?
No, Germany is generally considered to be exemplary for a first world country, being a democratic country with a high standard of living and economic power.
Who was the peace signed by Germany after World War 1?
Germany signed the Treaty of Versailles after World War I on June 28, 1919. This treaty officially ended the state of war between Germany and the Allied Powers, imposing heavy reparations and territorial losses on Germany. The treaty is often criticized for its harsh terms, which contributed to political and economic instability in Germany in the following years.
What makes a problem a problem?
Any environmental, social, economic, or political issue can have an impact to the rest of the world, hence, the "global problem".
