years of crisis part 2 exam questions Flashcards
“Reparations were the main cause of the hyper-inflation crisis of 1923”
How far do you agree with this view? Explain your answer.
fundamental cause = mismanagement Germany finances 1914 onwards
-passive resistance approach to dealing w/ invasion of Ruhr
-cuno = passive resistance - applied a social policy of uniting german workers to an economic issue = FAIL
-workers on strike - print money to pay –> inflationary spiral reaches new heights
-cost more to print a note than it was worth - use newspaper represses - ppl result to barter
CA - without reparations this would never have occurred TRUE but reparations were low and without mismanagement of finances payments would have never been missed
-reparations - the tipping point
-led the government to print money as it required hard currency by 1923 exchange rate to dollar = 200 trillion
-missed payment in 1923 -
-extorted already crippled economy
CA -
-passive resistance approach to dealing w/ invasion of Ruhr
-cuno = passive resistance - applied a social policy of uniting german workers to an economic issue = FAIL
-workers on strike - print money to pay –> inflationary spiral reaches new heights
-cost more to print a note than it was worth - use newspaper represses - ppl result to barter
CA - without reparations, this would never have occurred TRUE but reparations were low and without mismanagement of finances payments would have never been missed
-reparations - the tipping point
-led the government to print money as it required hard currency by 1923 exchange rate to dollar = 200 trillion
-missed a payment in 1923 -
-extorted already crippled economy
CA - payed more in Dawes plan in 1932 - reparations were not the issue but more the institution they were placed upon
-1919 144 million national debt - could easily pay reparations only a small add on
How far did the Weimar Constitution weaken the Weimar Republic’s ability to deal with the problems it faced during the years 1919 – 1923?
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