Explain why there were economic problems in the Weimar republic
from 1919 to 1923(12 marks)
Plan is in my book
One reason why there were economic problems was due to the Treaty of
Versailles. The Treaty of Versailles signed by England, France and the US, this
treaty stated that Germany was the cause of World War one and had to be
responsible for all the damages. Germany were then forced to cut back on
investments within the country. By 1921, 136 million marks had to be paid, then
by 1923, Germany was bankrupt as they owed 6.6 billion marks to the allies. At
this moment in time, Germany was deprived of land, army and most importantly -
the money. This then had huge effects on living standards within the country and
halted the growth of many businesses. Therefore, the reparations were one
reason why there were economic problems from 1919 to 1923 in the Weimar
Republic
A second reason is the French occupation of the Ruhr. The Ruhr is the west part of
Germany and one of Germany’s main areas of industrial output-providing 80% of
its coal. After World War one, Germany weren’t able to send coal or pay any
money to France. Consequently, France and Belgian troops invaded Germany and
took ahold of the Ruhr. Prior to this, Germany was unstable due to mass amounts
of reparations; with the Ruhr taken there was even less investment within
Germany, resulting in cuts to wages. As a result, the Weimar republic was left
with almost nothing. Thus, the French occupation of the Ruhr was a reason why
there were economic problems in the Weimar republic from 1919 to 1923.
A final reason was hyperinflation. As reparations were not being paid and the
workers of Germany were becoming impatient, the German government started
to print money to meet standards of the public. The government set 300 mills to
do the job and over 2000 shops. Initially this worked, however money quickly
began to decrease in its value. A loaf of bread may have been 1 mark in 1921 but
a loaf of bread would have cost around 200 billion marks by 1923, this was called
inflation. Some shops even stopped accepting money in worry of investments
becoming worthless. As the government printed more and more money, the
from 1919 to 1923(12 marks)
Plan is in my book
One reason why there were economic problems was due to the Treaty of
Versailles. The Treaty of Versailles signed by England, France and the US, this
treaty stated that Germany was the cause of World War one and had to be
responsible for all the damages. Germany were then forced to cut back on
investments within the country. By 1921, 136 million marks had to be paid, then
by 1923, Germany was bankrupt as they owed 6.6 billion marks to the allies. At
this moment in time, Germany was deprived of land, army and most importantly -
the money. This then had huge effects on living standards within the country and
halted the growth of many businesses. Therefore, the reparations were one
reason why there were economic problems from 1919 to 1923 in the Weimar
Republic
A second reason is the French occupation of the Ruhr. The Ruhr is the west part of
Germany and one of Germany’s main areas of industrial output-providing 80% of
its coal. After World War one, Germany weren’t able to send coal or pay any
money to France. Consequently, France and Belgian troops invaded Germany and
took ahold of the Ruhr. Prior to this, Germany was unstable due to mass amounts
of reparations; with the Ruhr taken there was even less investment within
Germany, resulting in cuts to wages. As a result, the Weimar republic was left
with almost nothing. Thus, the French occupation of the Ruhr was a reason why
there were economic problems in the Weimar republic from 1919 to 1923.
A final reason was hyperinflation. As reparations were not being paid and the
workers of Germany were becoming impatient, the German government started
to print money to meet standards of the public. The government set 300 mills to
do the job and over 2000 shops. Initially this worked, however money quickly
began to decrease in its value. A loaf of bread may have been 1 mark in 1921 but
a loaf of bread would have cost around 200 billion marks by 1923, this was called
inflation. Some shops even stopped accepting money in worry of investments
becoming worthless. As the government printed more and more money, the