Indonesia and Philippines ;)
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.
Neolitihic revolution refers to the revolution that transform mankind's lifestyle from hunting/gathering into agricultural.
In an agricultural society, each member need to coordinate with one another in order to determine land's ownership and trading regulations.
Because of this, a mediator such as government is needed in order to make everything fair.
President Roosevelt aims to instill hope and inspire citizens to help in the efforts of war.
<u>Explanation:
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Americans honor Franklin D Roosevelt as the leader who guided them out of the 1930's Great recession and through history's biggest global war. As an author of drastic change in his culture, he ranks among Jefferson, Lincoln, and Wilson.
The words of his inaugural speech on 4 March 1933 are once again echoing throughout the world: ' We must just fear ourselves, the nameless unreasonable, unreasonable terror that paralyzes required efforts to translate retreat forward. '
The American people voted Roosevelt President by a broad margin in 1932, at their pinnacle with the Great recession and the opposition candidate, Herbert Hoover, unable of effecting any change or inspiring hope.
While the recession was less than over, the very first term reforms in banking, healthcare, unemployment, job relief, and retirement FDR offered a sense of security and hope for millions they had never before known.
It's C imperialism ………………………………
