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1923
How were the German Public affected by the period of Hyperinflation within Germany?
To find out
How Hyperinflation affected different
people within Germany
What effect Hyperinflation had on
Weimar Germany as a whole
Click for a table showing how the mark lost its value
From a woman who worked in a Christian Centre, helping the poor.
The widow of a policeman was left with four children. She
had been awarded three months of her late husband’s
salary. By the time she received it the amount was only
enough to buy three boxes of matches.
Der Polizist
Discuss and consider the following sources
How were different people affected by Hyperinflation?
The memories of a German writer.
One day I dropped into a café to have a coffee. As I went
in I noticed the price was 5,000 marks – just about what I
had in my pocket. I sat down, read my paper, drank my
coffee, and spent altogether about one hour in the café,
and then asked for the bill. The waiter duly presented me
with a bill for 8,000 marks. ‘Why 8,000 marks?’ I asked.
The mark had dropped in the meantime, I was told. So I
gave the waiter all the money I had, and he was
generous enough to leave it at that.
Bill
How were different people affected by Hyperinflation?
The German Health Minister, February 1923
This shocking decline in health conditions applies to the
whole of Germany. In the country areas where farmers
can feed themselves, conditions seem to be better. But
in the towns…there has been a decided decline.
Especially hard hit are the middle class, those living on
small sums given annually, the widows and the
pensioners who, with their modest incomes, cannot
afford today’s prices…Death rates are rising…as are
deaths from hunger.
How were different people affected by Hyperinflation?
The effects of Hyperinflation
Widow
Professionals
A Farmer
Now , using the information sheet,
Complete the table on the following slide
adding as much detail as you can for….
Pensioners The Middle Classes
Rich Businessm
en
The Poor
Groups How people were affected?Impact on Weimar
Government
Pensioners
Middle classes
Rich businessme
n
The poor
Click here for a past paper question
Effects of Hyperinflati
on
Think about the effects on certain groups of
people – like me!
Small Businesses
Pensioners
Farmers
Add other people to the diagram and explain how
each was affected.
Ruhr
Treaty of Versailles
Passive Resistance
Hyperinflation
Peace Treaty which Germany was forced to sign following the First World WarWhen prices are rising so fast that bank notes cannot be printed fast enough to keep up with rising prices
A rich industrial area in Germany that contained factories and coal mines
Refusal to work which meant fewer goods were coming from the Ruhr
Recap Task.Draw lines to match the term to its correct definition.
END
Explain how hyperinflation affected the German economy.
(4 marks)
WJEC, Paper 1, Study In-Depth, June 2004
July 1914 £1 = 20 marks
January 1919 £1 = 35 marks
January 1920 £1 = 256 marks
January 1921 £1 = 256 marks
January1922 £1 = 764 marks
January 1923 £1 = 71,888 marks
September 1923
£1 = 1,413,648 marks
October 1923 £1 = 3,954,408,000,000 marks
November 1923
£1 = 1,680,800,000,000,000 marks