6 Impact of Hyperinflation on Germany

what were the causes of Hyperinflation?

• high cost of reparations and the French occupation of the Ruhr

• high cost of reparations and the US occupation of the Ruhr

• Wage demands from workers

• Germany had spent to much money on the war

What happened to the German mark (currency)?

• It's value increased dramatically

• It became worthless

How high did the cost of bread reach?

• 200 billion marks

• 20 billion marks

• 200 million marks

• 20 million marks

What were the effects of hyperinflation on pensioners?

• Their pensions and savings remained the same as they weren't wages

• Their pension and savings became worthless

• The value of their pensions and savings increased

What was the impact of hyperinflation on the middle class in Germany?

• Their wealth increased significantly

• They lost their savings and faced financial ruin

• They were unaffected by hyperinflation

Which government policy was implemented to stabilize the German economy after hyperinflation?

• Introduction of the Rentenmark

• Increase in military spending

• Reduction in foreign trade

How did hyperinflation affect daily life in Germany?

• People could buy more goods with less money

• Bartering became common as currency lost value

• There was no significant change in daily life

Which people were better off due to hyperinflation?

• Workers

• pensioners

• The rich

• Farmers

• The Middle Class