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Political Radicalism and Economic Crises
Political Radicalisation was only heightened by the economic crisis of 1923. Germany had fought the war largely on loans and had to pay war reparations in Gold. This depleted gold reserves at a time resources were scarce. In 1923 Germany refused to pay, and the French occupied its leading Industrial area, Ruhr, to claim their coal. Germany retaliated with passive resistance and printed paper currency recklessly. With too much printed money in circulation, the value of the German Mark fell. In April the US Dollar was equal to 24,000 Marks, in July 353,000 Marks, in August 4,621,000 Marks and at 98,860,000 Marks by December, the figure had run into trillions. As the value of the Mark collapsed, prices of goods soared. The image of Germans carrying cartloads of currency notes to buy a loaf of bread was widely publicised evoking worldwide sympathy. This crisis came to be known as hyperinflation, a situation when prices rise phenomenally high.
Q. What is the currency of Germany called?
  • a)
    Rupee
  • b)
    Pound
  • c)
    Dollar
  • d)
    Mark
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Read the source given below and answer the following questions:Politi...
Germany's currency is the Euro. Germany has been using the euro since 2002. The mark of the euro is € and the code is EUR. The country's currency before 2002 is Deutsche Mark.
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Most Upvoted Answer
Read the source given below and answer the following questions:Politi...
Currency of Germany
The currency of Germany is known as the "Mark." This information is crucial in understanding the economic history of Germany, especially during the period of hyperinflation in the early 1920s.
Reasons for Identifying the Mark
- The Mark was the official currency of Germany before the introduction of the Euro.
- During the economic crisis of 1923, the Mark experienced extreme devaluation, leading to hyperinflation.
- The text highlights how the value of the Mark fell drastically against the US Dollar, illustrating the severity of the economic situation.
Hyperinflation Context
- The crisis began when Germany faced challenges in paying war reparations, forcing the country to print money recklessly.
- As a result, the value of the Mark dropped significantly, with prices of goods skyrocketing.
- The visual image of Germans carrying cartloads of currency notes to buy basic necessities exemplifies the dire economic conditions of the time.
Conclusion
In summary, the correct answer to the question regarding the currency of Germany is "Mark." This understanding is essential for grasping the broader implications of Germany's economic challenges and the impact of radical political movements during that turbulent period.
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Read the source given below and answer the following questions:Political Radicalism and Economic CrisesPolitical Radicalisation was only heightened by the economic crisis of 1923. Germany had fought the war largely on loans and had to pay war reparations in Gold. This depleted gold reserves at a time resources were scarce. In 1923 Germany refused to pay, and the French occupied its leading Industrial area, Ruhr, to claim their coal. Germany retaliated with passive resistance and printed paper currency recklessly. With too much printed money in circulation, the value of the German Mark fell. In April the US Dollar was equal to 24,000 Marks, in July 353,000 Marks, in August 4,621,000 Marks and at 98,860,000 Marks by December, the figure had run into trillions. As the value of the Mark collapsed, prices of goods soared. The image of Germans carrying cartloads of currency notes to buy a loaf of bread was widely publicised evoking worldwide sympathy. This crisis came to be known as hyperinflation, a situation when prices rise phenomenally high.Q. What is the currency of Germany called?a)Rupeeb)Poundc)Dollard)MarkCorrect answer is option 'D'. Can you explain this answer?
Question Description
Read the source given below and answer the following questions:Political Radicalism and Economic CrisesPolitical Radicalisation was only heightened by the economic crisis of 1923. Germany had fought the war largely on loans and had to pay war reparations in Gold. This depleted gold reserves at a time resources were scarce. In 1923 Germany refused to pay, and the French occupied its leading Industrial area, Ruhr, to claim their coal. Germany retaliated with passive resistance and printed paper currency recklessly. With too much printed money in circulation, the value of the German Mark fell. In April the US Dollar was equal to 24,000 Marks, in July 353,000 Marks, in August 4,621,000 Marks and at 98,860,000 Marks by December, the figure had run into trillions. As the value of the Mark collapsed, prices of goods soared. The image of Germans carrying cartloads of currency notes to buy a loaf of bread was widely publicised evoking worldwide sympathy. This crisis came to be known as hyperinflation, a situation when prices rise phenomenally high.Q. What is the currency of Germany called?a)Rupeeb)Poundc)Dollard)MarkCorrect answer is option 'D'. Can you explain this answer? for Class 9 2024 is part of Class 9 preparation. The Question and answers have been prepared according to the Class 9 exam syllabus. Information about Read the source given below and answer the following questions:Political Radicalism and Economic CrisesPolitical Radicalisation was only heightened by the economic crisis of 1923. Germany had fought the war largely on loans and had to pay war reparations in Gold. This depleted gold reserves at a time resources were scarce. In 1923 Germany refused to pay, and the French occupied its leading Industrial area, Ruhr, to claim their coal. Germany retaliated with passive resistance and printed paper currency recklessly. With too much printed money in circulation, the value of the German Mark fell. In April the US Dollar was equal to 24,000 Marks, in July 353,000 Marks, in August 4,621,000 Marks and at 98,860,000 Marks by December, the figure had run into trillions. As the value of the Mark collapsed, prices of goods soared. The image of Germans carrying cartloads of currency notes to buy a loaf of bread was widely publicised evoking worldwide sympathy. This crisis came to be known as hyperinflation, a situation when prices rise phenomenally high.Q. What is the currency of Germany called?a)Rupeeb)Poundc)Dollard)MarkCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 9 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the source given below and answer the following questions:Political Radicalism and Economic CrisesPolitical Radicalisation was only heightened by the economic crisis of 1923. Germany had fought the war largely on loans and had to pay war reparations in Gold. This depleted gold reserves at a time resources were scarce. In 1923 Germany refused to pay, and the French occupied its leading Industrial area, Ruhr, to claim their coal. Germany retaliated with passive resistance and printed paper currency recklessly. With too much printed money in circulation, the value of the German Mark fell. In April the US Dollar was equal to 24,000 Marks, in July 353,000 Marks, in August 4,621,000 Marks and at 98,860,000 Marks by December, the figure had run into trillions. As the value of the Mark collapsed, prices of goods soared. The image of Germans carrying cartloads of currency notes to buy a loaf of bread was widely publicised evoking worldwide sympathy. This crisis came to be known as hyperinflation, a situation when prices rise phenomenally high.Q. What is the currency of Germany called?a)Rupeeb)Poundc)Dollard)MarkCorrect answer is option 'D'. Can you explain this answer?.
Solutions for Read the source given below and answer the following questions:Political Radicalism and Economic CrisesPolitical Radicalisation was only heightened by the economic crisis of 1923. Germany had fought the war largely on loans and had to pay war reparations in Gold. This depleted gold reserves at a time resources were scarce. In 1923 Germany refused to pay, and the French occupied its leading Industrial area, Ruhr, to claim their coal. Germany retaliated with passive resistance and printed paper currency recklessly. With too much printed money in circulation, the value of the German Mark fell. In April the US Dollar was equal to 24,000 Marks, in July 353,000 Marks, in August 4,621,000 Marks and at 98,860,000 Marks by December, the figure had run into trillions. As the value of the Mark collapsed, prices of goods soared. The image of Germans carrying cartloads of currency notes to buy a loaf of bread was widely publicised evoking worldwide sympathy. This crisis came to be known as hyperinflation, a situation when prices rise phenomenally high.Q. What is the currency of Germany called?a)Rupeeb)Poundc)Dollard)MarkCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 9. Download more important topics, notes, lectures and mock test series for Class 9 Exam by signing up for free.
Here you can find the meaning of Read the source given below and answer the following questions:Political Radicalism and Economic CrisesPolitical Radicalisation was only heightened by the economic crisis of 1923. Germany had fought the war largely on loans and had to pay war reparations in Gold. This depleted gold reserves at a time resources were scarce. In 1923 Germany refused to pay, and the French occupied its leading Industrial area, Ruhr, to claim their coal. Germany retaliated with passive resistance and printed paper currency recklessly. With too much printed money in circulation, the value of the German Mark fell. In April the US Dollar was equal to 24,000 Marks, in July 353,000 Marks, in August 4,621,000 Marks and at 98,860,000 Marks by December, the figure had run into trillions. As the value of the Mark collapsed, prices of goods soared. The image of Germans carrying cartloads of currency notes to buy a loaf of bread was widely publicised evoking worldwide sympathy. This crisis came to be known as hyperinflation, a situation when prices rise phenomenally high.Q. What is the currency of Germany called?a)Rupeeb)Poundc)Dollard)MarkCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Read the source given below and answer the following questions:Political Radicalism and Economic CrisesPolitical Radicalisation was only heightened by the economic crisis of 1923. Germany had fought the war largely on loans and had to pay war reparations in Gold. This depleted gold reserves at a time resources were scarce. In 1923 Germany refused to pay, and the French occupied its leading Industrial area, Ruhr, to claim their coal. Germany retaliated with passive resistance and printed paper currency recklessly. With too much printed money in circulation, the value of the German Mark fell. In April the US Dollar was equal to 24,000 Marks, in July 353,000 Marks, in August 4,621,000 Marks and at 98,860,000 Marks by December, the figure had run into trillions. As the value of the Mark collapsed, prices of goods soared. The image of Germans carrying cartloads of currency notes to buy a loaf of bread was widely publicised evoking worldwide sympathy. This crisis came to be known as hyperinflation, a situation when prices rise phenomenally high.Q. What is the currency of Germany called?a)Rupeeb)Poundc)Dollard)MarkCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Read the source given below and answer the following questions:Political Radicalism and Economic CrisesPolitical Radicalisation was only heightened by the economic crisis of 1923. Germany had fought the war largely on loans and had to pay war reparations in Gold. This depleted gold reserves at a time resources were scarce. In 1923 Germany refused to pay, and the French occupied its leading Industrial area, Ruhr, to claim their coal. Germany retaliated with passive resistance and printed paper currency recklessly. With too much printed money in circulation, the value of the German Mark fell. In April the US Dollar was equal to 24,000 Marks, in July 353,000 Marks, in August 4,621,000 Marks and at 98,860,000 Marks by December, the figure had run into trillions. As the value of the Mark collapsed, prices of goods soared. The image of Germans carrying cartloads of currency notes to buy a loaf of bread was widely publicised evoking worldwide sympathy. This crisis came to be known as hyperinflation, a situation when prices rise phenomenally high.Q. What is the currency of Germany called?a)Rupeeb)Poundc)Dollard)MarkCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Read the source given below and answer the following questions:Political Radicalism and Economic CrisesPolitical Radicalisation was only heightened by the economic crisis of 1923. Germany had fought the war largely on loans and had to pay war reparations in Gold. This depleted gold reserves at a time resources were scarce. In 1923 Germany refused to pay, and the French occupied its leading Industrial area, Ruhr, to claim their coal. Germany retaliated with passive resistance and printed paper currency recklessly. With too much printed money in circulation, the value of the German Mark fell. In April the US Dollar was equal to 24,000 Marks, in July 353,000 Marks, in August 4,621,000 Marks and at 98,860,000 Marks by December, the figure had run into trillions. As the value of the Mark collapsed, prices of goods soared. The image of Germans carrying cartloads of currency notes to buy a loaf of bread was widely publicised evoking worldwide sympathy. This crisis came to be known as hyperinflation, a situation when prices rise phenomenally high.Q. What is the currency of Germany called?a)Rupeeb)Poundc)Dollard)MarkCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Read the source given below and answer the following questions:Political Radicalism and Economic CrisesPolitical Radicalisation was only heightened by the economic crisis of 1923. Germany had fought the war largely on loans and had to pay war reparations in Gold. This depleted gold reserves at a time resources were scarce. In 1923 Germany refused to pay, and the French occupied its leading Industrial area, Ruhr, to claim their coal. Germany retaliated with passive resistance and printed paper currency recklessly. With too much printed money in circulation, the value of the German Mark fell. In April the US Dollar was equal to 24,000 Marks, in July 353,000 Marks, in August 4,621,000 Marks and at 98,860,000 Marks by December, the figure had run into trillions. As the value of the Mark collapsed, prices of goods soared. The image of Germans carrying cartloads of currency notes to buy a loaf of bread was widely publicised evoking worldwide sympathy. This crisis came to be known as hyperinflation, a situation when prices rise phenomenally high.Q. What is the currency of Germany called?a)Rupeeb)Poundc)Dollard)MarkCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice Class 9 tests.
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