After World War I, Germany was burdened with heavy reparations payments that were imposed by the Treaty of Versailles. These payments put a strain on the country's economy and led to hyperinflation, causing the value of the German currency to plummet.
Additionally, the worldwide economic downturn known as the Great Depression further exacerbated Germany's economic woes. Unemployment rates soared, businesses collapsed, and public discontent grew.
Furthermore, the disarmament mandates of the Treaty of Versailles limited Germany's ability to rebuild its military, which hindered its industrial production and potential for economic recovery.
The rise of the Nazi party and the militarization of the German economy under Adolf Hitler also played a significant role in shaping Germany's economic trajectory during this time. Military spending increased, infrastructure was built to support the military, and resources were redirected towards rearmament efforts, further straining the economy.
Describe what caused Germany’s economy to suffer after World War I.
wartime reparations and hyperinflation
the great depression
disarmament
the rise of the nazi army
1 answer