[12] Ruhr Crisis and Hyperinflation

history ww1/2

What did Germany announce in 1922

could not pay reparations

What did French and Belgian troops believe they could do in January 1923

make Germans work for them in the Ruhr

How many French and Belgian troops entered the Ruhr

60,000

Why was the Ruhr significant to Germany

50% of manufacturing goods made most amount of money

What evidence is there that French and Belgian troops treated German workers poorly

130 Germans killed

What instruction did the government give the workers

follow passive resistance

What mistake did the government then make

printed more money

Why was this a mistake

money lost value

What is hyperinflation

prices increase value decrease

How much did a loaf of bread cost in November 1923

201 billion marks

Why did people with debts benefit from

hyperinflation

price they had to pay value decreases

Why did people with life savings suffer as a result of hyperinflation

they’re money was worthless