Impact of Hyperinflation

Question 1

Prices rose dramatically

Answer 1

Prices of food rose dramatically. Prices could change by the hour, making it difficult for people to feed their families

Question 2

Money worthless

Answer 2

Money lost its value, so savings soon became worthless - what previously would have been lifetime saving becomes less valuable than bread

Question 3

Pensions

Answer 3

Elderly suffered greatly as pensions became worthless as they were fixed wages and did not rise with inflation ( can’t cover the cost of basic necessities)

Question 4

Couldn’t afford fuel

Answer 4

People couldn’t afford fuel and suffered from the cold, so they burned bank notes to keep warm

Question 5

Loss of jobs

Answer 5

People lost their jobs as companies went bust or could no longer afford to pay them. Due to this many Germans found themselves in poverty (poor-sick)

Question 6

Sold sentimental items

Answer 6

People sold items of value and sentimental value to stay alive, which caused unhappiness