Properties (78)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
economic phenomenon
|
| gptkbp:causedBy |
gptkb:World_War_I_reparations
|
| gptkbp:currency |
gptkb:German_Papiermark
1924 currency reform |
| gptkbp:governs |
introduction_of_Rentenmark
|
| gptkbp:growthRate |
29,500% per month
|
| gptkbp:highestPoint |
November 1923
|
| gptkbp:historicalContext |
gptkb:Weimar_Republic
|
| gptkbp:historicalSignificance |
example of hyperinflation
|
| https://www.w3.org/2000/01/rdf-schema#label |
hyperinflation in Germany
|
| gptkbp:impact |
widespread poverty
collapse of savings barter_system_emergence |
| gptkbp:internationalClassification |
economic sanctions
|
| gptkbp:ledTo |
changes in consumer behavior
political instability social unrest changes in fiscal policy devaluation of currency social division currency speculation increased crime rates changes in labor market increased government spending economic isolation increased government intervention increased poverty rates mass unemployment loss of savings rise of extremist parties changes in international relations changes in monetary policy increased economic inequality emigration of skilled workers increased prices of goods changes in trade policy increased economic volatility changes in taxation policy disruption of daily life increased public debt inflationary expectations changes in political landscape increased public protests increased foreign debt increased economic uncertainty increased reliance on foreign aid increased inflation rates hoarding of goods changes in property rights changes in economic structure changes in economic governance increased foreign investment risks increased social programs changes in banking system changes in economic education changes in economic theory changes in investment patterns changes in social contracts decrease in living standards distrust in financial institutions increased economic collaboration. increased economic regulation increased focus on fiscal responsibility increased focus on monetary stability increased political extremism increased public awareness of economics increased reliance on barter increased reliance on international loans loss of middle class wealth rise of barter economy |
| gptkbp:notableEvent |
January 1924
December 1923 1923 currency crisis August 1923 |
| gptkbp:notableFeature |
The Economic Consequences of the Peace
|
| gptkbp:notablePerson |
gptkb:Hjalmar_Schacht
|
| gptkbp:occursIn |
1921 to 1923
|
| gptkbp:publicAccess |
loss of trust in government
|