A very detailed, thorough, and engaging review of Germany’s economic problems from 1918 – 1921: WW1’s impact on the Mark. Political instability post-1918. New credit institutes and almost unlimited credit. War bonds instead of taxation. Too much currency issued. Hjalmar Schacht’s reflections. Mass demonstrations in Munich. Exports down due to lost colonies. The London Schedule of Payments. Fehrenbach’s government collapses. Republic of Austria also experiencing inflation. Upper Silesia vote. France and Britain divided. League of Nations intervenes. Taxes increase. Private industry had profited during WW1, but now avoided taxation. Speculation against the Mark. Unemployment rising. The “delirium of billions”. All sources fully cited on the YT page.
Find the film by searching YouTube’s The Great War channel for “Why Germany Caught Hyperinflation in 1921 (Documentary)”. My link omits a brief trailer at the end, the film will stop straight after my sheet’s final question if you use my embedded link.
13 questions for the c.17-min film (not inc. the omitted trailer). Differentiated! Both versions look very similar, but “B” version has subtle clues. Questions right up to the end (of my embedded link), no slack time! Excellent subtitles, not auto-generated gobbledygook. Answer sheet. Very easy to mark. .doc & .pdf for all files.
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