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? ___________________________________________________________________________________________ ___________________________________________________________________________________________ ___________________________________________________________________________________________ Crisis 1: The Ruhr 1) Which country was upset that Germany defaulted on its reparations payments? ___________________________________________________________________________________________ 2) Why was the country in question 1 so upset? ___________________________________________________________________________________________ ___________________________________________________________________________________________ 3) Which two countries decided to invade the Ruhr Region? ___________________________________________________________________________________________ 4) What sort of things did the countries mentioned in question 3 take from the Ruhr? ___________________________________________________________________________________________ ___________________________________________________________________________________________ 5) What did the German government urge the people of the Ruhr to do? ___________________________________________________________________________________________ ___________________________________________________________________________________________ 6) What did the French forces then do? _________________________________________________ ___________________________________________________________________________________________ www.getgolearning.com 1 Get it from the get go The German Economic Crises of 1923 7) Describe how this made the German people feel about the Weimar Government. ___________________________________________________________________________________________ ___________________________________________________________________________________________ ___________________________________________________________________________________________ 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. ___________________________________________________________________________________________ ___________________________________________________________________________________________ ___________________________________________________________________________________________ 2) What did everyday Germans have to do to maintain their standard of living? ___________________________________________________________________________________________ ___________________________________________________________________________________________ 3) Did the money the German government receive from taxes go up or down? Why? ___________________________________________________________________________________________ ___________________________________________________________________________________________ 4) What did the German government decide to do? ___________________________________________________________________________________________ ___________________________________________________________________________________________ 5) Explain what happened to the value of the German currency after this. ___________________________________________________________________________________________ ___________________________________________________________________________________________ ___________________________________________________________________________________________ www.getgolearning.com 2 Get it from the get go The German Economic Crises of 1923 6) What were the results of hyperinflation? ___________________________________________________________________________________________ ___________________________________________________________________________________________ ___________________________________________________________________________________________ 7) How much would a loaf of bread cost in: 1918 1923 8) Who benefitted from hyperinflation? ___________________________________________________________________________________________ ___________________________________________________________________________________________ ___________________________________________________________________________________________ 9) Who suffered from hyperinflation? ___________________________________________________ 10) Why were workers being paid twice a day? ___________________________________________________________________________________________ 11) Explain why hyperinflation was very bad for retirees. ___________________________________________________________________________________________ ___________________________________________________________________________________________ __________________________________________________________________________________________ I understand this topic: GREEN: Very well Summary: ______________________________________________________________________________ ______________________________________________________________________________ YELLOW: Somewhat RED: Not at all ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ (Colour in as appropriate.) www.getgolearning.com 3 Get it from the get go
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