scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 2,402
During the time after World War One Germany was in a very bad condition Money was printed to pay the 132 million marks of reparation this caused inflation Then not long after that when the French invaded Ruhr the Weimar Republic printed more money to pay civilians to go on strike after all the massive money making the German currency had increased by 400 this then caused a hyperinflation The unemployment level was high as a result of trying to lower the inflation goods were being less available money doesnt have any value any more the simplest life essential items costs obscurely high peoples life savings can only afford a loaf of bread This caused problems because people can be easily starved to death from not having enough money to buy food and life essential items are hard to get too Once there is a problem the government will try to fix it so the Weimar Republic later on will develop a new type of currency called the Reichsmark to use This problem cannot be avoided because the Weimar Government needed to print this money they already lost a war they dont want to borrow more money from people eventually they did borrow 9 billion and 800 million dollars from USA though the Dawes plan and others from the USA for building infrastructure with the help of Gustav Stresemann the German Foreign Minister Because the government was not willing to borrow money in the beginning they went into deeper and deeper debt as shown below YearRevenueExpensesDeficit 1919255985605999 1920317893296054 1921292766513676 1922148839512442 192351952784690 In millions of gold mark April to October only Note 1000000000000 paper mark equals 1 gold mark Thats not all the problems that were present at that time There were many riots revolts and terrorism occurring as well The left wingers and the right wingers were openly fighting each other on the streets Both wings rebelled and rioted Germany mostly right-wings
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA