1.

Explain economic crisis of 1923 in Germany

Answer»

Actually what happened Germany taken the loan from France to fight in World War first but he is not able to repay it that's why France occupied the main industrial area of Germany "RHUR" to claim their coal this was ACTION taken by the France in reaction Germany printed paper CURRENCY recklessly and due to this the value of mark fall down and a time cam when the value of 1 us dollar is 98,860,000 marks and the price if GOODS increased if they wantvto buyva loaf of bread they have to carry about 2-3 bags FILLED with german currency mark.



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