Title: The Treaty Of Versailles And Its Impact On Germany In... | Bartleby
Headings: The Treaty Of Versailles And Its Impact On Germany In 1919-1939
The Treaty Of Versailles And Its Impact On Germany In 1919-1939
Content: In economics Germany was forced to pay all war reparations, they had hyperinflation, and industrial production was reduced greatly. In political problems they were forced to become a democratic government, were not allowed to be a…show more content…
The results of this was disastrous for Germany, and the government ordered the workers to carry out passive resistance, which meant they would go on strike. The government believed that if they did that there would be nothing for the French to take away. The French did not like this strike and reacted very harshly, killing over 100 workers and expelling over 100,000 protestors from the region. More importantly though, the halt in industrial production in Germany’s most proficient region caused the collapse of the German currency. Germany had no good to trade in exchange for money so the government decided to simply print money. At first it seemed like a brilliant idea. It paid off its debts in marks, like war loans exceeding over 2,200 million. Industrialists were able to pay off all of their debts, but it came at a great cause. Germany had so much money in circulation, which set off a chain reaction of prices and wages skyrocketing.