Post by Mr Modica on May 29, 2013 19:10:00 GMT
Use with class notes!
Hyper Inflation 1923
•Prices rose rapidly as value of money fell.
•Caused by the French invasion of the Ruhr when reparations weren’t paid, workers in Ruhr went on strike, Government printed money to pay them and destroyed the economy
•People got paid twice a day, bartering took place, carried money in a wheelbarrow
•Middle class lost savings, OAP pensions lost value
•Farmers did well, as did people in debt
•The Government looked weak and the people lost everything
Munich Putsch 1923 (Beer hall Putsch)
•Synopsis of story – Hitler wanted to take over Munich (capital of Bavaria) then march and take Berlin. He needed support of Kahr (leader of Bavaria); Kahr agreed to support Hitler (gun put to his head at the Beer Hall); Hitler let him go (mistake); Kahr told the police; the police ambushed Hitler the next day; 16 Nazis were killed, Hitler was shot and arrested
•Sentenced to 5 Years, served 9 months in Landsberg prison but was treated well
•Short term failure, Long term success – publicity for the Nazis (Hitler became a national figure), wrote ‘Mein Kampf’ and realised the path to power should be “Ballot not the bullet” to stay in power.
(Miss Webster's site)
Hyper Inflation 1923
•Prices rose rapidly as value of money fell.
•Caused by the French invasion of the Ruhr when reparations weren’t paid, workers in Ruhr went on strike, Government printed money to pay them and destroyed the economy
•People got paid twice a day, bartering took place, carried money in a wheelbarrow
•Middle class lost savings, OAP pensions lost value
•Farmers did well, as did people in debt
•The Government looked weak and the people lost everything
Munich Putsch 1923 (Beer hall Putsch)
•Synopsis of story – Hitler wanted to take over Munich (capital of Bavaria) then march and take Berlin. He needed support of Kahr (leader of Bavaria); Kahr agreed to support Hitler (gun put to his head at the Beer Hall); Hitler let him go (mistake); Kahr told the police; the police ambushed Hitler the next day; 16 Nazis were killed, Hitler was shot and arrested
•Sentenced to 5 Years, served 9 months in Landsberg prison but was treated well
•Short term failure, Long term success – publicity for the Nazis (Hitler became a national figure), wrote ‘Mein Kampf’ and realised the path to power should be “Ballot not the bullet” to stay in power.
(Miss Webster's site)