What did France do 1923?

On the 9 January 1923, in response to the lack of payment of reparations, France and Belgium invaded the Ruhr. The Ruhr was a region of Germany which contained resources such as factories. The French and Belgians intended to use these resources to make up for the unpaid reparations.

What did the French do on January 11th 1923?

The Occupation of the Ruhr (German: Ruhrbesetzung) was a period of military occupation of the Ruhr region of Germany by France and Belgium between 11 January 1923 and 25 August 1925.

What did the French do to upset the Germans in 1923?

France then tried to put on the pressure by occupying the Ruhr, an industrial region in western Germany. That only exacerbated Germany’s economic chaos, and contributed to the hyperinflation that made the nation’s currency virtually worthless in 1923.

Where did the French occupy in 1923?

the Ruhr
After the Weimar government was unable to fully meet its reparations obligations, the French and Belgian governments sent troops to occupy the Ruhr in January 1923. 3. Once established, this occupying force seized goods and raw materials from German industries and businesses.

What happened when Germany refused to pay war reparations to France?

When Germany refused to pay war reparations to France, the following things happened: Germany lost all its territories to Europe. Its African colonies were taken away and came under League of Nations supervision as mandates. These mandates were divided between France and Britain.

When did France leave the Ruhr?

1925
The French and Belgian troops withdrew from the Ruhr in 1925.

When did French troops leave the Ruhr?

How many French soldiers invaded the Ruhr?

60,000 soldiers
Invasion. In January 1923, the French and Belgian armies sent 60,000 soldiers into the Ruhr region of Germany. The French aimed to extract the unpaid reparations and took control of key industries and natural resources. The Weimar Government instructed the Ruhr workers to go on strike, instead of helping the French.

What took place in 1923 Germany?

9 November – Members of the National Socialist German Workers Party (Nazis), led by Adolf Hitler, fail in a coup attempt to overthrow the Bavarian government in Munich, Germany which is later known as the Munich Putsch or Beer Hall Putsch.

What was the economic crisis of 1923 How did it affect Germany?

In order to pay the striking workers the government simply printed more money. This flood of money led to hyperinflation as the more money was printed, the more prices rose. Prices ran out of control, for example a loaf of bread, which cost 250 marks in January 1923, had risen to 200,000 million marks in November 1923.

What was the name of the new currency introduced in October 1923 that helped to end hyperinflation?

Hyperinflation reached its peak by November 1923 but ended when a new currency (the Rentenmark) was introduced. To make way for the new currency, banks “turned the marks over to junk dealers by the ton” to be recycled as paper.

Why did French soldiers occupy the Ruhr in 1923?

Ruhr occupation, (1923–25) occupation of the industrial Ruhr River valley region in Germany by French and Belgian troops. The action was provoked by German deficiencies in the coal and coke deliveries to France required by the reparations agreement after World War I.

How much did an egg cost in Germany 1923?

One dozen eggs cost a half-Reichsmark in 1918 and three Reichsmarks in 1921. In 1923, the market price increased to 500 (January) then 30 million (September) and four billion Reichsmarks (October).

Why did the German economy collapse in 1923?

Although the inflation was rooted in the huge debt that Germany had amassed in financing its war effort, the hyperinflation of 1923 was triggered by the French-Belgian military occupation in January 1923 of the German industrial district in the Ruhr valley.

Why is 1923 important?

1923 Year In History including Major World Events include Mount Etna eruption, Great Kanto earthquake, Insulin is introduced for treatment of Diabetes, In Popular Culture Movies include The Ten Commandments and Hunchback of Notre Dame and the First baseball game is played on April 18 at Yankee Stadium, In Technology …