Weimar and Nazi Germany Topic Summaries

Hyperinflation and the invasion of the Ruhr

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  • Germany could not afford the reparations payments due in 1922.
  • In January 1923, France and Belgium invaded the Ruhr – Germany’s main industrial area. The Ruhr’s coal, iron, and steel production made up 80% of Germany’s industry.
  • The Germans reacted with passive resistance – they went on a strike and refused to make the goods that the invading forces wanted.
  • The French imprisoned the protesting Germans and brought in their own workers, but the Germans had damaged or sabotaged the machinery so there was still a production shortage.
  • The Weimar Government supported the strikes by printing extra money for the strikers, but this resulted in too much money in circulation (hyperinflation = money becomes worthless), spiralling the economy out of control.

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