Hyperinflation - C.B.

What caused the hyperinflation in Germany after the First World War?

In 1923 Germany was forced to pay reparations for World War One, this left them therefore in major debt to their enemies. This resulted in there being a shortage of goods supplied to the country. This meant that everyone in Germany had to pay more money to get the goods they needed.

What caused the hyperinflation?

The French had sent troops into the German industrial area of the Ruhr and confiscated raw materials, manufactured goods and industrial machinery. The cause of the hyperinflation was when the German workers refused to work at the factories which would help repay the debt Germany was in. This meant that no money was going into or out of Germany, leaving everyone in the country in a difficult situation.

What were the effects of the hyperinflation?

The banks started off printing money rapidly, millions and millions of marks. They thought that if they did this then they would be able to pay off their debts; the effect of this was that each note decreased in value. As more and more money was printed peoples savings that they had in their bank decreased to nearly nothing. It cost 1 mark in 1919 to by a loaf of bread; by 1922 it cost 200 marks to buy the same loaf of bread; by 1923 it cost 100,000 million marks! It was actually cheaper to burn your money at the time for fuel than to buy coal and wood.

By C.B.

Hyperinflation - E.S.

What is Hyperinflation?

Hyperinflation is when the prices of things go up drastically or out of control. When hyperinflation is happening, this means the value of the currency goes down.

What caused it in Germany after WW1?

After the world war one, Germany had to pay respirations to France, USA and UK. Because of this Germany became in debt and couldn’t pay all of the money they had to. Every German citizen was affected by the debt Germany was in.

What were the effects of the hyperinflation?

Germany had a shortage of goods supplies and money. Because of all the money Germany needed, they ended up printing more and more money. This meant that the value of the money went down.

Money was useless in the times of hyperinflation. People had mounds of money and they could hardly buy even a loaf of bread. Children played with blocks of band notes as building blocks because building blocks were worth more in them times than the actual money.

Women burned the money to get there stoves working because coal was too much and some people burned the bank notes to use as fuel for a car. Workers were paid sometimes 2 times a day. People were paid every day, twice a day, once in the morning and once in the afternoon.

By E.S.

Hyperinflation in Germany - D.M.

Hyperinflation in Germany -



In economics, hyperinflation is inflation that is very high or "out of control", a condition in which prices increase rapidly as a currency loses its value. Definitions used by the media vary from a cumulative inflation rate over three years approaching 100% to "inflation exceeding 50% a month. In informal usage the term is often applied to much lower rates. As a rule of thumb, normal inflation is reported per year, but hyperinflation is often reported for much shorter intervals, often per month.



By late 1923, the Weimar Republic of Germany was issuing two-trillion Mark banknotes and postage stamps with a face value of fifty billion Mark. The highest value banknote issued by the Weimar government's Reichsbank had a face value of 100 trillion Mark. At the height of the inflation one U.S. dollar was worth 4 trillion German marks. One of the firms printing these notes submitted an invoice for the work to the Reichsbank for 32,776,899,763,734,490,417.05Marks.



Such a drop in confidence also caused a crisis in Weimar Germany itself when prices started to rise to match inflation. Very quickly, things got out of control and what is known as hyperinflation set in. Prices went up quicker than people could spend their money. In 1922, a loaf of bread cost 163 marks. By September 1923, this figure had reached 1,500,000 marks and at the peak of hyperinflation, November 1923, a loaf of bread cost 200,000,000,000 marks


By D.M.


http://www.historylearningsite.co.uk/hyperinflation_weimar_germany.htm

Jack the Ripper - A Psychological Profile

Well, I thought it might be a good idea to gather people's ideas and thoughts on the mindset and reasons behind the murders committed by Jack the Ripper in the East End of London in 1888

My input is this-

He was probably if not definitely not a pleasure killer or a masochist (Someone who gets pleasure from causing pain). I have come to this conclusion because unlike pleasure killers such as Ted Bundy and John Wayne Gacy he stopped after only five murders. In the case of the two other killers, they killed many due to lust and the killings where often violent due to the killer getting exited during the murder. This would not have been possible for Jack as the speed and precision at which he committed his murders would not have been possible if he had all the excitement at the killing as he would not have been able to cut as cleanly and quickly as he did. There was also no evidence of sexual tampering with the bodies, which is usually the case with most pleasure serial killers or masochists.

What was it like to be a slave?

Describe life as a slave, looking at their work, punishments, food, homes, clothing etc...

How successful was Gustav Stresemann in solving Germany's problems after 1923?

Hitler upto 1923

Hitler in 1923

Adolf Hitler was born in Austria in 1889. His father, Alois, was a poor but intelligent man who became a senior customs officer and died when Adolf was fourteen. Alois had never shown any appreciation of his son and so the young Adolf was devoted to his mother, Klara, who sadly died when he was only eighteen.

Hitter spent four years in the realschule in Linz; he left school at the age 16. Hitler had very little education and no job. He dearly wished to be an artist but the Academy of Art in Vienna rejected his application. Devastated and bitter, Adolf blamed the Jewish officials for his failure.

Adolf lived in poverty in hostels for tramps and took whatever work he could find. He spoke openly about his hatred of the Jews, whom he had become convinced were the reason why he had been unsuccessful in Vienna.

During his time in Vienna, Hitler became interested in politics and developed a deep dislike and mistrust of foreigners. He supported nationalist parties and bizarrely became convinced that the Jews were the reason that he had been unsuccessful in Vienna.
In Vienna he acquired his first education in politics by studying the demagogic techniques of the popular Christian-social Mayor, Karl Lueger, and picked up his obsessive concern with the "purity of blood" that remained with him to the end of his career.
In May 1913 Hitler left Vienna for Munich and, when war broke out in August 1914, he joined the Sixteenth Bavarian Infantry Regiment, serving as a despatch runner. Hitler proved an able, courageous soldier, receiving the Iron Cross (First Class) for bravery, but did not rise above the rank of Lance Corporal. Twice wounded, he was badly gassed four weeks before the end of the war and spent three months recuperating in a hospital in Pomerania. Temporarily blinded and driven to impotent rage by the abortive November 1918 revolution in Germany as well as the military defeat, Hitler, once restored, was convinced that fate had chosen him to rescue a humiliated nation from the shackles of the Versailles Treaty and the Jews.
After the war, Hitler returned to Munich and worked as a spy. One of the organisations Hitler spied on was the German workers party.
The Nazi party was a small political party that was opposed to the Weimar Republic. It had started as the German workers party, of which Hitler had become a member of after finding that he agreed with its ideas. It was founded by Anton Drexler in 1919. Hitler was the seventh member to join and was soon given special duties. By the end of the year, he was in charge of the development of the party’s ideas.
In 1920, he and Drexler issued the twenty point progam
The most important points are as follows:

The Treaty of Versailles would be overthrown
Germany would expand its
territory
Only pure-blooded Germans could be citizens of Germany
No Jews
were allowed to be Germans
Only citizens could vote or hold government jobs
There would be very strong state

Also in 1920, the German Workers' party was renamed the National Socialist German Workers Party, or Nazi party; in 1921 it was reorganized with Hitler as chairman. He made it a paramilitary organization and won the support of such prominent nationalists as Field Marshal Ludendorff.
On Nov. 8, 1923, Hitler attempted the “beer-hall putsch,” intended to overthrow the republican government. Leading Bavarian officials (themselves discontented nationalists) were surrounded at a meeting in a Munich beer hall by the Nazi militia, or storm troopers, and made to swear loyalty to this “revolution.” On regaining their freedom they used the army to defeat the group. Hitler fled, but was soon arrested and sentenced to five years in Landsberg fortress. He served nine months. In prison, Hitler practiced his speeches that captured the Germans hearts and would help Hitler take power.

http://library.thinkquest.org/J0112851/ahitler.htm
http://en.wikipedia.org/wiki/Hilter
http://www.bbc.co.uk/history/historic_figures/hitler_adolf.shtml
http://www.spartacus.schoolnet.co.uk/GERhitler.htm

by doodles