In which year did German hyperinflation reach its peak, so that banknotes were worth almost nothing?
Answer and explanation
Correct answer: B. 1923
- Step 1: Reparations and the occupation of the Ruhr strained the economy. Step 2. Prices rose by the hour in 1923 until a new currency was introduced. Answer: 1923. Why not the others: 1929 is the start of the world economic crisis and the other years are outside the inflation.
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More German History from the Middle Ages to 1949 questions
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