Answer:
Inflation
Explanation:
During the early 1920’s the Weimar Republic (German government from 1918 to 1933) was affected by Hyperinflation*, particularly in 1923. This happened because Germany had many debts they could not afford: a) the Reichstag (German parliament until 1918) funded the costs of WWI by borrowing money, which they could not repay after the War, as Germany was defeated by the Allies and could not annex the rich territories they tried to occupy; b) after the Great War the debt was increased as the Allies imposed very large reparation sums to be paid by Germany (Treaty of Versailles and London Payment Plan).
With the London Payment Plan, Germany had to repay the money in gold or foreign currency in annual installments. When they started the repayments in gold marks, during the summer of 1921, the paper mark started to lose value because after the repayment they started to buy foreign currency at any rate, which started to depreciate the paper mark. This caused that by 1922 Germany was not able to buy foreign currency or gold in paper marks, so they had to start exchanging them for goods; and so, they were not able to make the repayments. Then, in 1923, to ensure Germany paid the reparations agreed France and Belgium occupied the Ruhr valley, which prompted workers to go on a strike. This meant that there was no income from production. So Germany had to print more paper marks to pay for salaries, which inundated the market with paper marks, devaluating the currency and creating a hyperinflation. By November 1923 a USD was equivalent to 4,210,500,000,000 marks.
<u>* Hyperinflation</u>: when inflation is very high and happens in a very short time. As the general price of goods and services increases, the real value of the currency highly decreases. The purchasing power of the currency decreases. This means that, for example, with one dollar you can buy less things than before inflation. Therefore, people cannot buy essentials as their prices become exorbitant.
<span>Good Morning!
The Mongol model of government placed the Khan as its center at all times. At dinners he was the one who stood out, since the whole structure of the dining environment was arranged to leave him in that position where all the individuals could see him.
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2. Many slave codes prohibited enslaved people from learning to read and write
The correct answer to this open question is the following.
Although there are no options attached we can say the following.
What is FDR’s expectation of how the war will end? What specific examples of his language indicate his beliefs about who will be victorious?
As the leader of the United States during World War II, President Franklin D. Roosevelt showed confidence that with the inclusion of the US Army in the war, the victory was a matter of time.
In the attached excerpt we can read that he thought that he expected victory for the allies and punish the enemy.
When we read "It is not the intention of this government...to resort to mass reprisals. It is our intention that just and sure punishment shall be meted out to the ringleaders responsible for the organized murder of thousands..."
Let's remember that President Roosevelt died before the end of World War. Harry S. Truman was the United States President that had to make the toughest decision to launch the atomic bomb over Hiroshima and Nagasaki to end World War II.
Answer:
John C Calhoun
Explanation:
He was a native to Sout Carolina and he proposed the nullification theory.
