Title: The economic impact of World War One - Weimar Germany, 1918-1924 - AQA - GCSE History Revision - AQA - BBC Bitesize
Headings: The economic impact of World War One
Weimar Germany, 1918-1924
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The economic impact of World War One
The terms of the Treaty of Versailles
French and Belgian occupation of the Ruhr
Hyperinflation
Hyperinflation winners:
Hyperinflation losers:

Content: it was allowed a maximum of 100,000 troops in the army
conscription was banned
no tanks were allowed
its navy was reduced to 15,000
it was allowed only 6 battleships, and no submarines
Territory - Germany lost land on all sides of its borders as well as its overseas colonies (other countries under Germany’s control). Excerpt from the Treaty of Versailles, 1919
French and Belgian occupation of the Ruhr
Germany began to pay reparations in 1922, but after a payment was missed late in the year a chain of events was set off that led to French and Belgian occupation of the Ruhr Valley in Western Germany and hyperinflation. In November 1922 Germany defaulted on its reparations payment as scheduled. The first reparations payment had taken all she could afford to pay. The French believed Germany could make the repayment but were choosing not to, however the German government argued they could not afford to pay. In response, France and Belgium sent troops into Germany’s main industrial area, the Ruhr Valley. Their aim was to confiscate industrial goods as reparations payments. The German government ordered workers to follow a policy of ‘passive resistance’ – refusing to work or co-operate with the foreign troops and in return the government continued to pay their wages. Hyperinflation
Germany was already suffering from high levels of hyperinflation due to the effects of the war and growing government debt. The extremely high cost of food after the 1923 devaluation in Germany
The Ruhr Valley was Germany’s most productive industrial centre.