Franco-Belgian occupation of the Ruhr (11 jan 1923 ano – 1 jan 1925 ano)

Descrição:

-(1923-25)

-Ruhr: industrial region of Germany

-response to failure of Germany to pay 2nd installment of reparations - taking reparations in raw materials etc.

-workers' response: passive resistance/non-cooperation (fall in production), supported by government (expensive)

-more money printed --> hyperinflation by Nov. 1923 ($1 = 4.2 trillion marks)

-consequences of hyperinflation: life savings lost, economic ruin for people on fixed income/pension, barter economy, misery, further resentment + loss in confidence in Weimar government to resolve problems/crises (--> anti-republicanism)

-Ruhr problem resolved under Stresemann: called off passive resistance, & promised German commitment to paying reparations

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