level: Reparations and the Ruhr
Questions and Answers List
level questions: Reparations and the Ruhr
| Question | Answer |
|---|---|
| How much did Germany have to pay in reparations | 6.6 billion pounds |
| When did the Weimar republic stop their payement to Franch and Belgium | 1922 |
| When were they occupied by Franch and Belgium | 1923 |
| What was the response of Germany | Went on strike/passive resistance but France and Belgium just called in their own workers |
| Over this 8 month period how many people were killed | 132 |
| How many lost their homes in the Ruhr | 150,000 |
| Why was their hyperinflation in 1923 | 1) Germany printed out more money to help pay their reparations but they tied the price of money to gold but they printed out more money than they had gold which resulted in the value of mark falling while prices of goods increased causing hyperinflation |
| What was a consequence of hyperinflation | 1) In 1918 a loaf of bread was 0.2 marks but by 1923 it was 201 billion marks 2) As prices rose every hour they carried money in wheelbarrows 3) Barter system were they started trading goods instead of money |
| Social problems of Hyperinflation | 1) People with savings lost money 2 Elderlies pensions were destroyed 3) Owners became bankrupt 4)People with fixed income could not renegotiate |
| Who benefitted from hyperinflation | 1) Farmers as people spent more money on food 2) People with debts as they were easier to pay off |