One thing the Germans were not happy in the treaty of Versailles is the War Guilt Clause, take blame for the war. Because of this they had to the reparation to the big three. The German government didn’t have the money to pay for the reparation as the country just lost a war and the factory are destroy and the environment is in a poor state. So then the USA banks lend Germany government loans. Its was all going well as Germany was getting in a better state and they are paying their reparation until 1929.
Treaty of Versailles was the peace treaty which officially ended World War I. it was very burdensome on the German economy. Germany was just a devastated by the war as anyone else, but they were very hard pressed to rebuild with the massive reparation payments they were required to make. But the reason why they did soo debt on them is because of Germany made a great destruction on countries, especially on French. I think the reasons for WW2 were: Treaty of Versailles, Hitler’s rise to power and Militarism. Treaty
How far was the economic slump in Germany responsible for the remarkable rise in support for the Nazi party in the years 1928-32? Germany’s economic slump was a major factor in the Nazi’s good fortunes; however it was by no means the only factor which contributed to their rise in support. Linked with the poor economic climate, the political situation was in a dire condition, with no party apparently able to find a solution to Germany’ problems. A societal shift away from support for democracy also enhanced the NSDAP’s support as they seemed to offer a new hope to the public. The elite undermined Weimar as a result of their traditional values and hatred of democracy.
As the chancellor in 1923 he led Germany out of the hyperinflation crisis and as the foreign minister, he ended Germany's isolation amongst the international community and helped the country to become a magnet for foreign investment. Stresemann was admired by some, reviled by others. In September 1923 when the Germans were unable to pay reperations to France, French and Belgian troops took resources from the Rurh area as payment, which influenced the German workers to refuse to work in Ruhr. The workers strike worsened the fall in production. This encouraged Stresemann to call off the passive resistance and he agreed to repay the reperations and persuaded workers to return to work.
Both soldiers and civilians blame the defeats in the war and the growing crises on the home front on Tsar. Even the Tsars only army stated it wouldn’t support him if a revolution occurred. Explain the importance/significance of World War 1 to the downfall of the Tsar WWI was a very significant event on the rule of Tsar Nicholas 11. Although it initially bolstered his position, it then became a large factor that contributed to Nicholas’ downfall. The Country was ecstatic when the Tsar made the announcement that Russia was going to fight against Germany in WWI.
Describe the effects of hyperinflation on Germany in 1923. (9) The Weimar government was short of money after the First World War and so began to print more and more banknotes. The sudden flood of paper money into the economy, on top of the general strike - which meant that no goods were manufactured, so there was more money, chasing fewer goods - combined with a weak economy ruined by the war, all resulted in hyperinflation. Prices ran out of control, for example, a loaf of bread, which cost 250 marks in January 1923 had risen to 200,000 million marks in November 1923. German's currency became worthless.
In 1923, Germany had failed to make a reparations payment resulting in France occupying the Ruhr. This had a disastrous effect on the German economy, resulting in the German government printing more money as the currency collapsed and by November 1923, one US dollar was worth 4.2 trillion marks. Leading economists still believe that the reparations accounted for most of Germany’s deficit in 1921 and 1922 and that they caused hyperinflation. Furthermore, Germany was stripped of 25,000 square miles of
Although the conditions of the agreement seemed extremely severe, the allied countries had no sympathy for the Germans. They were forced to pay excessive amounts of money as reparation fees to make up for all the damage and destruction that was caused during the war. 13% of German territory was given away and many important industrial areas were controlled by western allies. This caused a major impact on the economy and had many affects to not only the government, but German citizens as well. Many people became unemployed and were no longer able to support their families.
Our international trade with Europe declined because of that. Europe was productive in industry and agriculture. This caused their demand for American goods to slow, and since Europe had obtained a major debt from the war, they were not capable of paying back American banks the large sums of money that they had previously borrowed. Even though they had planned to pay America back, they couldn’t. Their plan was to use the money they were going to receive from Germany and Austria, but the Central powers never followed through.
Having a war caused inflation, government spending rose from 4-30 million, taxation increased, and money became practically worthless and the price of food and fuel quadrupled. This made people angry as they could not afford supplies for themselves and their families, which made them, turn to the Tsar for help but he wasn’t seen to be doing much about the effects of war on the people at home. Furthermore, as well as not being able to