Invasion Of Ruhr Reasons for the Invasion Because
Invasion Of Ruhr
Reasons for the Invasion Because of the Treaty of Versailles, Germany had to pay for damages caused in the war Payments were really high!
Reasons for the Invasion In 1922, the Weimar Government could not pay the next three years because of economic hardship. No Money after the war Could not trade with other countries
Reasons for the Invasion The French believed that the Weimar Government could pay and that it was lying
Invasion of Rurh German workers refused to co-operate with the French and Belgian armies, and went on strike. The French sent in their own workers, and arrested the leaders of the German strikers and the German police. This led to violence on both sides
Consequences! Hyper-inflation Allies taking control of industry and made “goods” expensive because there only very little of it left.
To help with this problem and to pay the striking Ruhr workers, the government decided to print more money. This made the price of goods even MORE expensive
HYPERINFLATION Money became worthless!! By the autumn of 1923 a loaf of bread cost 200, 000, 000 marks.
Hyperinflation Definition = Prices of goods increases very fast and money becomes useless!
Review - Causes for hyperinflation 1) Loss of land industry made fewer “goods” to be made 2) Government printed more money to pay German workers on Strike 3) Increased Money = Goods to become expensive 4) Money became worthless
Review Treaty of Versailles High payments for the war Invasion of Ruhr Hyperinflation
- Slides: 12