Answer:
The strategy that Germany used was the mass printing of bank notes to buy foreign currency, which was then used to pay reparations, which greatly exacerbated the inflation of the paper mark. Essentially, all of the ingredients that went into creating Germany's hyperinflation can be grouped into three categories: the excessive printing of paper money; the inability of the Weimar government to repay debts and reparations incurred from World War I; and political problems, both domestic and foreign.
Explanation:
Everyone who had debt benefited from hyperinflation because Mark-denominated debt became worthless. A 100,000 German Mark loan in 1918 - a hefty sum - was worth just . 01% of its initial value by 1923. That would be like taking out a $100,000 loan in 2016 and paying it off with a $1.00 bill in 2021.
The Titanic set off on its maiden voyage on 10 April 1912, from Southampton, England, embarking on its transatlantic journey to New York City in the United States with around 2,200 passengers and crew on board.
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<span>Albert Einstein became famous for the theory of relativity, which laid the basis for the release of atomic energy. </span>
Answer:
Homer's most important contribution to Greek culture was to provide a common set of values that enshrined the Greeks' own ideas about themselves. His poems provided a fixed model of heroism, nobility and the good life to which all Greeks, especially aristocrats, subscribed.
Explanation:
