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Nour Fahmy History International Baccalaureate English 1 page

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Economic conditions in Weimar Germany

* Treaty of Versailles: pay a huge amount of reparations to the allies (as a result of the amount of destruction Germany cause in WW1). They had to pay £6.6 billion. The allies were Britain, France, and America

* The collapse of the American economy after the Wall Street Crash during the autumn of 1929 and the onset of the Great Depression. Happened simuntanesley with the reparations. "America sneazed and the whole world got a cold"

* 1923, Germany printed a large sum to pay striking workers. This resulted in Hyperinflation

* Between 1929 and 1933, high unemployment and

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International Baccalaureate History Note on Untitled, created by Nour Fahmy on 29/08/2017.
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Nour Fahmy · Aug 2017
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Aug 29, 2017
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