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The occupation of the Ruhr (German: Ruhrbesetzung) was the period from 11 January 1923 to 25 August 1925 when French and Belgian troops occupied the Ruhr region of Weimar Republic Germany. The occupation of the heavily industrialized Ruhr district came in response to Germany's repeated defaults on the reparations payments required under the ...
One point on which historians tend to agree is that the printing of cash by the German government to make payments to striking workers in the Ruhr, who were refusing to make reparations deliveries to the Allies, contributed to hyperinflation. [5]: 245 [11] The occupation of the Ruhr also caused German output to fall. [6]
The financing of the resistance to the Ruhr occupation by the German government of Wilhelm Cuno is one of the reasons for the impending hyperinflation and the Cuno strikes. The Ruhr industrialist Fritz Thyssen assists the NSDAP with a massive financial sum. The last French troops leave Dortmund in October 1924
The hyperinflation fueled by the government's response to the occupation of the Ruhr caused the cost of a loaf of bread to rise from 3 Reichsmarks in 1922 to 80 billion Reichsmarks in November 1923. Prices were rising so rapidly that people rushed to spend their pay at lunch breaks before it lost any more of its value.
The government printed money in order to pay the idled workers, which fuelled the hyperinflation that all but wrecked the German economy. [4] Ensuing events led the Allies to decide that the London Schedule needed to be re-examined. The Ruhr occupation had heightened tension between France and Germany.
11 January – French and Belgian troops enter the Ruhr in the Occupation of the Ruhr because of Germany’s refusal to pay war reparations, causing strikes and a severe economic crisis. [1] 20 April – Julius Streicher's antisemitic newspaper Der Stürmer begins publication. [2] 13 August – The First Stresemann cabinet was sworn in.
Hyperinflation in the Weimar Republic reached its peak in November 1923. [24] Since Germany was unable to pay the idled workers in the occupied Ruhr any other way, more and more money was printed, which finally led to hyperinflation. The Stresemann government introduced a new currency, the Rentenmark, to end hyperinflation. Although Stresemann ...
The Ruhr uprising (German: Ruhraufstand), or March uprising (Märzaufstand), was a left-wing workers' revolt in the Ruhr region of Germany in March and April 1920. It was triggered by the call for a general strike in response to the right-wing Kapp Putsch of 13 March 1920 and became an armed rebellion when radical left workers used the strike as an opportunity to attempt the establishment of a ...