Answer:
German paper marks rapidly lost value between 1918 and 1923
Explanation:
Between the period 1918 ans 1923, the German economy crumbled rapidly and it had enormous inflation, resulting in large scale poverty in the country. This can be seen very well from the presented graph, as at 1918 one paper Mark was almost equivalent to one gold Mark. Then as the years pass by the paper Mark starts to lose on value, and by 1921 it is almost 1,000 paper Marks that were the equivalent of one golden Mark. From 1922 we have a sharp loss of value of the paper Mark continuing in the next 1923, with the end result being one billion paper Marks to be equivalent to one gold Mark.
Answer:
By 1786, Americans realized that the Articles of Confederation, the first written constitution of the United States, had to be changed as, according to the Articles, Congress had no rights regarding the control of domestic affairs, such as taxation or commerce regulation. It depended on the financial help of the states, lacking money to pay soldiers for their service in the Revolutionary War or repay foreign loans. By 1786, the US was bankrupt. In 1787 a decision was made to write a new constitution, which was adopted the same year in Philadelphia.
According to Benjamin Franklin and John Locke a good government should serve its people and be determined by the people, instead of imposing the will of a small elite class on the populous.
