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Feldman, Gerald D. Army, Industry and Labor in Germany, 1914–18 (1966) Gross, Stephen. "Confidence and Gold: German War Finance 1914-1918," Central European History (2009) 42#2 pp. 223–252 in JSTOR; Karau, Mark D. Germany's Defeat in the First World War: The Lost Battles and Reckless Gambles That Brought Down the Second Reich (ABC-CLIO, 2015).
To pay for the large costs of the First World War, Germany suspended the gold standard (the convertibility of its currency to gold) when the war broke out in 1914. Unlike France, which imposed its first income tax to pay for the war, German Emperor Wilhelm II and the Reichstag decided unanimously to fund the war entirely by borrowing.
Burchardt, Lothar. "The Impact of the War Economy on the Civilian Population of Germany during the First and the Second World Wars," in The German Military in the Age of Total War, edited by Wilhelm Deist, 40–70. Leamington Spa: Berg, 1985. Chickering, Roger. Imperial Germany and the Great War, 1914–1918 (1998), wide-ranging survey; Daniel ...
The aftermath of World War I saw far-reaching and wide-ranging cultural, economic, and social change across Europe, Asia, Africa, and even in areas outside those that were directly involved. Four empires collapsed due to the war, old countries were abolished, new ones were formed, boundaries were redrawn, international organizations were ...
As a result of the severe impact of the Great Depression on the German economy, reparations were suspended for a year in 1931, and after the failure to implement the agreement reached in the 1932 Lausanne Conference, no additional reparations payments were made. Between 1919 and 1932, Germany paid less than 21 billion marks in reparations ...
Britain's Economic Blockade of Germany, 1914–1919 (2004) Verhey, Jeffrey. The Spirit of 1914. Militarism, Myth and Mobilization in Germany (Cambridge University Press 2000) Watson, Alexander. Ring of Steel: Germany and Austria-Hungary in World War I (2014) Welch, David. Germany, Propaganda and Total War, 1914–1918 (2003) Williams, John.
Like many other nations at the time, Germany suffered the economic effects of the Great Depression, with unemployment soaring after the Wall Street crash of 1929. [1] When Adolf Hitler became Chancellor of Germany in 1933, he introduced policies aimed at improving the economy.
The Blockade of Germany, or the Blockade of Europe, occurred from 1914 to 1919.The prolonged naval blockade was conducted by the Allies during and after World War I [1] in an effort to restrict the maritime supply of goods to the Central Powers, which included Germany, Austria-Hungary, and the Ottoman Empire.