Q. Germany faced the crisis known as hyperinflation in the year of :

A
1950
B
1923
C
1914
D
1940
Solution:

The hyper-inflation of 1923 occurred when Germany couldn’t pay its installment of war reparations to France for WWI and defaulted. In response the French army occupied the Ruhr area.

Entri Contact Image

Get Expert Advice for Free: Register for Your Free Consultation Now!