The Hyperinflation Crisis 1923 - Causes and Consequences of the German Hyperinflation 1923
In this video, you'll learn about the hyperinflation crisis of 1923, and how it led to the end of the German Weimar Republic.
What is hyperinflation? How did it affect Germany in 1923? What were the causes and consequences of this crisis? What steps were taken to resolve it?
The hyperinflation crisis in Germany in 1923 was one of the worst economic crises ever seen. It caused social unrest, mass unemployment and hunger, and resulted in an increase in extremist political movements. In this video We will explain what caused this crisis, and how it affected Germany's economy and society.
The Weimar Republic was born out of the ruinous aftermath of World War One.
In order to deal with this economic downturn, the German government printed more money than they could afford.
To stop this process from getting even worse, the government tried raising taxes which made things even worse for most people who were already struggling financially due to high unemployment rates.
In this video, we will cover all of the open questions of this Crisis, with an emphasis on how it impacted German history.
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🕐 Time Stamp:
00:00 Introduction
00:42 Bacraund of Hyperinflation
01:50 Causes of Hyperinflation
07:51 How to support the Channel? 🤑
08:06 End of The Hyperinflation
11:10 Effects of the Hyperinflation on America
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#hyperinflation #inflation #marketcrash #financialeducation
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