( C1 ) Germany's Economic Problems Flashcards
1
Q
when was Germany close to bankruptcy and why
A
by 1918 due to the first world war
2
Q
how did the treaty of versailles make the economic issue bigger
A
it made the economic issue bigger as the allies, Britain France and Russia demanded reparation payments.
they also took away some of Germany’s income generating areas such as Silesia and Saar
3
Q
why was the reparation amount not reduced when germans had asked for it to be
A
the reparation amount had not been reduced as the allies themselves took loans during the war and needed the money Germany owed to pay countries like America
4
Q
what happened by late 1922 and December 1922 and what did it lead to
A
Germany had failed to pay some instalments. in December it misses another payment leading to French retaliation
