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Hyperinflation in the Weimar Republic - Quiz
Contributed by: Doyle
  • 1. During which years did the Weimar Republic's hyperinflation primarily occur?
A) 1919-1920
B) 1925-1927
C) 1914-1918
D) 1923
  • 2. How did the German government fund its war effort during the First World War?
A) Through borrowing
B) Through selling gold reserves
C) Through foreign donations
D) Through increased income taxes
  • 3. What was the national debt of Germany in 1918?
A) 4.2 billion marks
B) 50 billion marks
C) 132 billion marks
D) 156 billion marks
  • 4. What was the name of the new currency introduced to replace the hyperinflated mark?
A) Papiermark
B) Reichsmark
C) Goldmark
D) Rentenmark
  • 5. What backing did the Rentenmark have?
A) Mortgage bonds
B) Gold reserves
C) Coal and timber assets
D) US Dollar reserves
  • 6. What was the exchange rate of the mark per US dollar by November 1923?
A) 320 marks
B) 7,400 marks
C) 48 marks
D) 4,210,500,000,000 marks
  • 7. Who was the president of the Reichsbank during the hyperinflation period?
A) Walther Rathenau
B) J. P. Morgan, Jr.
C) John Maynard Keynes
D) Rudolf Havenstein
  • 8. Which industrial region did French and Belgian troops occupy in 1923?
A) Bavaria
B) The Rhineland
C) Berlin
D) The Ruhr valley
  • 9. What was the government's response to the occupation of the Ruhr?
A) Diplomatic surrender
B) Full military mobilization
C) Passive resistance
D) Payment of all coal debts
  • 10. What did Germany suspend at the outbreak of the First World War in 1914?
A) The Reichstag
B) The gold standard
C) The income tax
D) The treaty of Versailles
  • 11. Which investment banker organized a 1922 conference to address Germany's economic situation?
A) John Maynard Keynes
B) Walther Rathenau
C) Rudolf Havenstein
D) J. P. Morgan, Jr.
  • 12. Who was the German foreign minister assassinated in June 1922?
A) Rudolf Havenstein
B) John Maynard Keynes
C) Walther Rathenau
D) Wilhelm II
  • 13. What was the main reason cited for the Rentenmark's eventual replacement?
A) It was replaced by the Reichsmark
B) It lacked backing
C) The Allies rejected it
D) It was too expensive to print
  • 14. How did the German government pay striking workers during the Ruhr occupation?
A) By printing more banknotes
B) By using gold reserves
C) By raising taxes
D) By borrowing from the Allies
  • 15. What happened to domestic debts as a result of hyperinflation?
A) They were paid off in gold
B) They increased by 156 billion marks
C) They were greatly reduced relative to revenues
D) They were canceled by the Treaty of Versailles
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