Economic problems faced by the Weimar Republic

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Economic problems faced by the Weimar Republic. LO: Understand and explain the economic problems faced by the Weimar Republic. Post-war economic problems. LO: Understand and explain the economic problems faced by the Weimar Republic. COPY OUT THIS TEXT . Inflation. - PowerPoint PPT Presentation

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<p>PowerPoint Presentation</p> <p>Economic problems faced by the Weimar Republic</p> <p>LO: Understand and explain the economic problems faced by the Weimar Republic Boardworks Ltd 2009# of 7Post-war economic problems</p> <p>LO: Understand and explain the economic problems faced by the Weimar Republic2Inflation is when the value of money decreases, so that people have to pay more and more for goods and services.InflationPolitical instability was increased by economic problems.The German economy had been weakened by the war. French demands for Germany to start to pay reparations immediately led to great financial strain.The result was that Germany suffered from inflation.</p> <p>LO: Understand and explain the economic problems faced by the Weimar RepublicCOPY OUT THIS TEXT </p> <p>3Image 2006 Jupiterimages Corporation</p> <p>Inflation</p> <p>LO: Understand and explain the economic problems faced by the Weimar RepublicInvasion of the Ruhr (1923)</p> <p>In our cafes we put up signs saying, No Dogs or French allowed!Germany managed to make its first reparations payment on time, but because of inflation, Germany could not pay the second instalment in 1922.The French were determined to enforce the treaty. On 11th January 1923, French and Belgian troops occupied the industrial Ruhr region of Germany in order to take their reparations by force.The German workers in the Ruhr went on strike and refused to produce goods for the French to take. The workers became German heroes, but the strike only made the economic situation in Germany worse.The Ruhr Crisis: 1923-255What were the consequences of the Ruhr occupation? First, check that you understand the types of effect.</p> <p>Useful definitionsLO: Understand and explain the economic problems faced by the Weimar Republic Boardworks Ltd 2009# of 76What were the consequences of the Ruhr occupation? </p> <p>Useful definitionsLO: Understand and explain the economic problems faced by the Weimar Republic Boardworks Ltd 2009# of 77HyperinflationThe invasion of the Ruhr caused mere inflation to escalate into hyperinflation.Prices in Germany rose so fast that people could barely keep up. Workers had to be paid twice a day and given half-hour breaks so that they could spend their wages before they became worthless.People had to carry their money around in wheelbarrows and laundry baskets. Shops had to resort to measuring notes by weight, as counting them took too long.</p> <p>Peoples savings were completely wiped out.Unemployment rose.LO: Understand and explain the economic problems faced by the Weimar Republic8Image Weimar Archive/Mary Evans Picture LibraryA German man holds up a sign saying I will take on any work of any type immediately.</p> <p>Weimar Republic hyperinflation from one to one trillion paper Marks per gold Mark.LO: Understand and explain the economic problems faced by the Weimar Republic</p> <p>A 50,000,000 (50-million) mark banknote from 1923LO: Understand and explain the economic problems faced by the Weimar Republic</p> <p>Germany, 1923: banknotes had lost so much value that they were used as wallpaper</p> <p>LO: Understand and explain the economic problems faced by the Weimar Republic</p> <p>Postage stamps of Weimar Germany during the hyperinflation period of early 1920s</p> <p>A 1/2 Million Mark Notgeld coin from 1923 issued by the city of Hamburg, GermanyLO: Understand and explain the economic problems faced by the Weimar Republic</p> <p>LO: Understand and explain the economic problems faced by the Weimar Republic</p> <p>Two men sell paper money by weight.Their sign indicates that money is worth more than bones, but less than rags.HyperinflationLO: Understand and explain the economic problems faced by the Weimar Republic14Image Weimar Archive/Mary Evans Picture LibraryOccupation of the Ruhr (1923)As Germany neared economic collapse, the strike had to end. </p> <p>The German government agreed to let the French and Belgians take some coal as reparations. The Allies were persuaded that Germany needed more time to pay off the reparations. A new schedule was drawn up which spread the instalments over 59 years.</p> <p>Germany was also lent money by America to help her rebuild under the 1924 Dawes Plan.</p> <p>LO: Understand and explain the economic problems faced by the Weimar Republic15Image Mary Evans Picture LibraryThis picture was published in Germany in 1923. Its title can be translated as Mourning the Ruhr. It shows a woman weeping as the Ruhr workers are forced to end their strike and go back to work.The caption at the bottom roughly translates as In vain! The French win.Definitions</p> <p>LO: Understand and explain the economic problems faced by the Weimar RepublicPlenary Exercise16To complete this activity students should consider all parts of this unit. Image 2006 Jupiterimages Corporation</p>

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