WS The German Economic Crises of 1923

The German Economic Crises of 1923
Essential Questions
1) What was the economic situation in
3) What is hyperinflation? Why was their
Germany following WWI?
hyperinflation in Germany in 1923? How
did hyperinflation affect Germans?
2) Why was the French and Belgian
occupation of the Ruhr region so
disastrous for Germany?
WWI’s Economic Effects
1) What had Germans run out of at the end of WWI? ____________________________________
2) What industrial area did German have to give up? ____________________________________
3) How much was the reparations bill set at? ____________________________________________
4) How would you describe Germany’s economic status by 1923?
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Crisis 1: The Ruhr
1) Which country was upset that Germany defaulted on its reparations payments?
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2) Why was the country in question 1 so upset?
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3) Which two countries decided to invade the Ruhr Region?
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4) What sort of things did the countries mentioned in question 3 take from the Ruhr?
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5) What did the German government urge the people of the Ruhr to do?
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6) What did the French forces then do? _________________________________________________
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The German Economic Crises of 1923
7) Describe how this made the German people feel about the Weimar Government.
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8) What were the consequences of the invasion of the Ruhr for both France and
Germany?
Consequences
France
Germany
Crisis 2: Hyperinflation
1) In your own words explain inflation.
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2) What did everyday Germans have to do to maintain their standard of living?
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3) Did the money the German government receive from taxes go up or down? Why?
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4) What did the German government decide to do?
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5) Explain what happened to the value of the German currency after this.
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The German Economic Crises of 1923
6) What were the results of hyperinflation?
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7) How much would a loaf of bread cost in:
1918
1923
8) Who benefitted from hyperinflation?
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9) Who suffered from hyperinflation? ___________________________________________________
10) Why were workers being paid twice a day?
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11) Explain why hyperinflation was very bad for retirees.
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I understand this topic:
GREEN: Very well
Summary:
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YELLOW: Somewhat
RED: Not at all
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(Colour in as appropriate.)
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