0h 1min, nov 9, 1918 y - Impact of WW1 on the German economy

Description:

-Black markets profited
-Jan 1915, bread rationing followed by that of other goods
-Circulation of paper money from 2,000 million marks in 1913 to 45,000 million by 1919.
National debt from 5,000 million to 144,000 million at same time
-British blockade disrupted German exports + 18 battleships used only once
-Lack of German planning for long conflict apparent. Total war required involvement of entire population in war effort
-Turnip Winter of 1916/17 very hard. 60,000 children starved
-Miners conscripted = lack of coal

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