Economic crisis

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Causes of the occupation of the Ruhr 1923-1925

  • ToV required Germany to make regular reparations payments to the Allies.

  • Germany fell behind on reparations payments.

  • France and Belgium occupied the Ruhr to extract the reparations themselves.

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results of the occupation of the Ruhr 1923-1925

  • Weimar government responded with passive resistance:

  • Industrial strikes/refusing to cooperate with the French and Belgian occupiers.

  • Passive resistance didn’t work.

  • Industrial production fell, further weakening the economy

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causes of hyperinflation 1923-1925

  • Germany defaulted on its reparations payments, France and Belgium occupied the Ruhr.

  • Weimar government printed more money to pay for their passive resistance response and for ToV reparations •

  • Resulted in Hyperinflation. German currency became worthless.

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consequences of hyperinflation 1923-1925

  • middle class badly hit, as they lost their savings.

  • blamed the Weimar Constitution.