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In the early 1920s inflation made German money nearly worthless and led to Germany's economic collapse?
Wiki User
∙ 13y ago
true
Wiki User
∙ 13y ago
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Why did European nations try to help Germany recover e comic collapse after ww1?
many counrtys didn't want or didn't help Germany recover. The treaty of Versailles limited germanys army, took all of germanys empire and made Germany pay a massive amount of money to France and belguim. This is why Germany was the hardest hit during the great despression. This economic loss is a big reason for the start of ww2.
An accurate statement about the great depression of the 1930s is that?
a variety of factors combined to bring about the economic collapse
How did financial crisis contribute of the Great Depression?
Postwar reparations led to hyperinflation and economic collapse in Germany.
Why did the Soviet Union callapse?
The collapse of the Soviet Union at the end of the 1980's was a great blow to the hopes of revolutionaries. Why did it collapse? The primary causes were political and economic and they were the result of the culture of war.
How can macro economists use the micro economic theory to guide them in their work?
economic theory can guide the economists to solve macroeconomic issues such as inflation, unemployment, deflationary and inflationary gaps, budget deficits etc.
Which economic term describes a period of slow economic growth that also has inflation?
Recession
What led to the the collapse of the soviet union?
soviet economic collapse
What happened to banks and businesses in the economic collapse?
Many businesses and banks were forced to close during the economic collapse.
What economic term refers to a general rise in prices?
apajedico
Economic term for an economy with rising inflation and unemployment?
This is called inflation or more precisely "price inflation".
Is inflation an economic issue?
Yes, it's hardly an economic issue
Why did European nations try to help Germany recover e comic collapse after ww1?
many counrtys didn't want or didn't help Germany recover. The treaty of Versailles limited germanys army, took all of germanys empire and made Germany pay a massive amount of money to France and belguim. This is why Germany was the hardest hit during the great despression. This economic loss is a big reason for the start of ww2.
How does inflation change economic choices?
As inflation rises, the cost of items increases because the currency is not worth as much as it was before inflation. When prices rise, economic choices available to people become more limited.
What was the worst and longest economic collapse?
your moma was.
What was the serious German economic problem in 1920s?
Inflation
What traditional methods solve economic problems?
Inflation
What are not goals of federal economic policy?
Low inflation
