Post-war economic problems (reparations, hyperinflation, foreign loans) (OCR A-Level History A): Quizzes

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Post-war economic problems (reparations, hyperinflation, foreign loans)
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What was government spending per resident in 1913?

20.5 marks

By 1929, government spending per resident reached approximately what amount?

Over 100 marks

In what year did the German economy collapse?

1930

What does hyperinflation refer to?

Accelerated inflation devaluing currency

What was government revenue from income tax in 1925?

28%

How many banknote printing presses were issuing Reichsmarks in mid-1923?

1,800

What was a direct impact of hyperinflation on Germany?

Incapacity to pay reparations

Who headed the Dawes Plan?

Charles Dawes

When was the Dawes Plan proposed?

April 1924

What was the initial reparation payment under the Dawes Plan for five years?

1 billion marks

How much did Germany borrow from the USA under the Dawes Plan?

800 million marks

Who headed the Young Plan?

Owen Young

Over how many years were reparations payable under the Young Plan?

59 years

What was the annual reparation amount under the Young Plan?

2 billion marks

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