Question

How would the changing value of the german mark affect the german people?

Answer 1

Answer:

Inflation is the devaluation of a national currency due to a rise in the prices of commodities on the national market, often resulting from the rising price of imports. Mild inflation exists in every modern free economy, and is not considered a worrisome phenomenon, as long as it remains at a low rate. However, if, for political or economic reasons, inflation deviates from tolerable levels to the extent that it has a severe negative impact on the standard of living of many citizens, the phenomenon takes on the attributes of a socio-economic disaster, that also spurs a political disaster when the nation begins to seek individuals on whom to assign responsibility for the economic collapse.

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Answer 2

Answer:

the changing value of the mark caused many problems as they were in debt to many people and decided to print more money. However this was only a temporary solution as it caused hyperinflation to such levels that instead of paying 2marks fir bread it got to the extreme that they had to pay 2million marks for bread at some point if not more