Hyperinflation Crisis of 1923

HideShow resource information
View mindmap
  • Hyperinflation crisis of 1923
    • Germany had to pay reparations
      • Germany couldn't afford the reparations so they had to print more money
        • This cause the money to decrease in value until money was worth very little
          • Wages became too low to live on
          • More money was printed to pay the workers
          • Children played with money
          • It was cheaper to burn money than pay for fuel
          • Many people became beggars as their money was worthless
    • Invasion of the Ruhr
      • In January, French and Belgium troops invaded the Ruhr (an important industrial region of Germany) and occupied it
        • They had control of  Germany's most important industrial region
        • This was totally legal and made Germany poorer
          • Untitled


No comments have yet been made

Similar History resources:

See all History resources »See all Germany resources »