Title: The German Population Viewed The Treaty Of Versailles As Essay Example
Headings: The German Population Viewed The Treaty Of Versailles As Paper
The German Population Viewed The Treaty Of Versailles As Paper
The German Population Viewed The Treaty Of Versailles As
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Content: The consequences of the treaty of Versailles are all linked and seem to have a knock on effect for both political and economic problems for the Weimar government. In January 1923, Germany failed to make a payment, and France invaded the Ruhr. This humiliated the government, which ordered a general strike, and paid the strikers by printing more money, causing hyperinflation: Several things contributed to this devaluation of the German currency, which continued to decline in value throughout 1922 and 1923 such as the reparations bill and its reactions. Having to pay the Allies large sums of money had a significant impact upon the German economy. It meant that a large proportion of income had to leave the country, In order to manage Reparations payments, strict economic controls and tax practices were required. It can be argued that the Government deliberately failed to put many of these things into place, in an attempt to force the Allies into rethinking the level of Reparations to be paid. The consequences of this include the invasion of the Ruhr. The Ruhr valley is the Industrial heart of Germany. Whilst it was occupied by the French, the German economy could not benefit from its industrial output, thus straining the economy even further, which can be seen as the greatest problem the republic faced in its early years.