Get expert insights and community support for your questions on IDNLearn.com. Our community provides timely and precise responses to help you understand and solve any issue you face.
What impact would war reparations have on the Germany economy?
Germany had suspended the gold standard and financed the war by borrowing. Reparations further strained the economic system, and the Weimar Republic printed money as the mark's value tumbled. Hyperinflation soon rocked Germany. By November 1923, 42 billion marks were worth the equivalent of one American cent.
Thank you for joining our conversation. Don't hesitate to return anytime to find answers to your questions. Let's continue sharing knowledge and experiences! Your questions deserve accurate answers. Thank you for visiting IDNLearn.com, and see you again for more solutions.
