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.
Answer:
What were some of the laws in Mesopotamia?
Examples of the Laws
If a son should strike his father, his hands shall be cut off. If a man put out the eye of another man, his eye shall be put out. If any man should strike a man of higher rank, he shall receive sixty blows with an ox-whip.
Explanation:
There ya go.. :)
Natural law is the higher order positive law which emerged from the philosophers of ancient age. Stoic reformers believed that law of nature is the supreme law which connects man and nature to live in harmony with each other.
Aristotle says that though man perceives things and frames laws to live an orderly life, the natural law is universal and a common law exists which is divine.
Natural rights are the rights which are believed to be inherited by birth of a man. These are natural birth rights and they are the base for the founding fathers to frame the US Constitution.
Answer:
Explanation:
How was Thutmose III rule different from Hatshepsut's rule(descirbe both)? Hatshepsut rule was a time of peace. Thutmose rule was not peaceful as he led 16 military raids in twenty years. Besided being embalmed, what did New Kingdom rulers like Ramses III do in their quest for immortality?
Answer:
Meiji the Great.
Explanation:
Emperor Meiji, also known as Meiji the Great, was a Japanese monarch who ruled from February 1867 until his death in July 1912. He was the 122nd emperor of Japan.
I hope this helps~!
