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The basic cause of hyperinflation was the govt's(Government's) decision to print money. It was the government who gained from this process. eliminating the vast mountain of debt that the First World War had left it.
The introduction of a new currency on the November 15, 1923 was eventually to bring stability but it did not restore prosperity to those who had been ruined.
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What was the name of the plan for rebuilding Germany and Japan after World War 2?
The short answers is that they were unable to rebuild after the first world war. The Treaty of Versailles called for Germany to pay war reparations to France which crippled Germany's economy. The high unemployment and inflation led to Hitler being able to seize power.ANswer IDK hahah this is the best answer
What political post did Adolf Hitler hold on Germany?
He was the Chancellor of Germany.
What country was split in two at the end of world war 2?
Germany was split in two at the end of World War II. The eastern part became the German Democratic Republic (East Germany), while the western part became the Federal Republic of Germany (West Germany). This division was a result of the post-war agreements made by the Allied powers.
What do you call the society of post World War I?
What do you call the society of post ww1?
What is known as post war world?
Post war is after World War II; 1945. Post cold war is after the cold war; 1990 (even though the papers were signed in 1991).
