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E-book Germany 1918-1945 : GCSE Study Guide

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Penilaian

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By late 1922, Germany and the Allies had entered into a stand-off over the issue of reparation repayments. Germany had defaulted on its reparations payments to such an extent that the governments of France and Belgium ordered troops to occupy the Ruhr, a major industrial region in western Germany. The French and Belgian governments intended that their troops would supervise the extraction and confiscation of coal from German mines in the Ruhr in lieu of reparation repayments. The Franco-Belgian occupation of the Ruhr began in January 1923. German miners in the Ruhr met the occupation with passive resistance, embarking on strike action and a series of ‘go-slows’. The German government, led by Chancellor Wilhelm Cuno, encouraged the campaign of passive resistance and attempted to support the campaign by continuing to pay wages to miners in the Ruhr whilst they were on strike. From 1919, successive governments had attempted to pay-off Germany’s war debts and reparation obligations by printing increased quantities of money. By 1923, this policy had brought the German economy to the brink of hyperinflation and Cuno’s decision to further increase the printing of currency rapidly drove the economy into a state of terminal hyperinflation. By the autumn of 1923, prices of basic commodities had spiralled out of control and there were 4.2 trillion German marks to the US dollar. Cuno was forced to resign as Chancellor in August 1923 after the Reichstag passed a motion of no confidence in his government. Cuno was succeeded by DVP politician Gustav Stresemann who immediately took a series of measures aimed at bringing an end to hyperinflation and reopening negotiations on reparation repayments with the Allies. By the end of 1923, Stresemann had succeeded in stabilising the German economy whilst his negotiations with the Allies eventually brought an end to the occupation of the Ruhr.

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Ketersediaan

Informasi Detail

Judul Seri

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No. Panggil

943.1 HSL g

Penerbit

: .,

Deskripsi Fisik

80 hlm

Bahasa

English

ISBN/ISSN

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Klasifikasi

943.1

Tipe Isi

text

Tipe Media

computer

Tipe Pembawa

online resource

Edisi

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Subjek

History of Northeastern Germany

Info Detail Spesifik

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Pernyataan Tanggungjawab

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Versi lain/terkait

Lampiran Berkas

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