Life in the Weimar Republic

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Presentation transcript:

Life in the Weimar Republic Global History II: Spiconardi

Let’s Review Germany’s Treaty of Versailles Punishments… __________________________________

Hyperinflation Hyperinflation  when the inflation rates exceeds 50% a month Something costs $1 in March 2008 would cost $130 in March 2009 Germany in 1923 experienced 322% inflation A good that cost 1 German mark in January 1923 could have cost 31,896,968 in January 1924

Price of Bread in Berlin (in German marks) December 1918 .5 December 1921 4 December 1922 163 January 1923 250 March 1923 463 June 1923 1,465 July 1923 3,465 August 1923 69,000 September 1923 1,512,000 October 1923 1,743,000,000 November 1923 201,000,000,000

Price of other items (in German Marks) 1913 Summer 1923 November 1923 1 Egg .008 5,000 80,000,000,000 1kg butter 2.70 26,000 6,000,000,000,000 1kg beef 1.75 18,800 5,600,000,000,000 Pair of Shoes 12.00 1,000,000 32,000,000,000,000