Hyperinflation - history
0.0(0)
Studied by 0 people
Call Kai
Learn
Practice Test
Spaced Repetition
Match
Flashcards
Knowt PlayCard Sorting
1/6
There's no tags or description
Looks like no tags are added yet.
Last updated 5:07 PM on 6/6/24
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai |
|---|
No analytics yet
Send a link to your students to track their progress
7 Terms
1
New cards
what did the gov’t do that started hyperinflation
gov’t printed more money so the value decreased and prices began to rise
2
New cards
what is hyperinflation
prices rising very quickly
3
New cards
how much was 1$ in marks
1$ = 9 marks
4
New cards
in 1923 how much was 1$ in marks
200b
5
New cards
how much did an egg cost?
80m
6
New cards
short term impact
low wages
food shortages
death from starvation
pensioners income wasn’t enough for coffee
savings of people have decreased
upper class invest so they were fine
debt
big profit for business
7
New cards
long term impact
weimar republic weaker
poverty
crime increase
money only on food
hard workers lost efforts
people against gov’t
no one would forget
Note 
Flashcards (25)