Year of Crises

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1923
Year of Crises
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Aims of the Lesson
To find out What inflation and Hyperinflation
is When Hyperinflation occurred within Germany
Images courtesy of M.Williams (NGfL Cymru)
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July 1914 1 20 marks
January 1919 1 35 marks
January 1920 1 256 marks
January 1921 1 256 marks
January1922 1 764 marks
January 1923 1 71,888 marks
September 1923 1 1,413,648 marks
October 1923 1 3,954,408,000,000 marks
November 1923 1 1,680,800,000,000,000 marks
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When was this German banknote issued?
Stuck?
Use the table on the previous slide. Roughly
how many s was this banknote worth?
Click to see the back of the note
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(No Transcript)
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Berlin, 24th June 1919
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This banknote was issued in Berlin on the 1st
February 1923.
Roughly how many s was this banknote
worth?What does this tell you about the value
of the German Mark in 1923 compared with 1919?
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Use the number list below. How much is this bank
note worth?
One Eine
Two Zwei
Three Drei
Four Vier
Five Funf
Six Sechs
Seven Sieben
Eight Acht
Nine Neun
Ten Zehn
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Use the number list below. How much is this bank
note worth?
One Eine
Two Zwei
Three Drei
Four Vier
Five Funf
Six Sechs
Seven Sieben
Eight Acht
Nine Neun
Ten Zehn
Hundred Hundert
Thousand Tausend
Ten Thousand Zehntausend
One Hundred Thousand Hunderttausend
One Million Eine Million
Millions Millionen
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Which town does the note come from? Can you find
a date for when this banknote was issued?
Stadt city or town
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Which town does the note come from?
This banknote was issued on the 25th September
1923.
Stadt city or town
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10th August 1923
25th September 1923
What do these bank notes tell you about the rate
of inflation in Duisburg during the later part of
1923?
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This note was issued in Altona on the 10th
October, 1923.
One Eine
Two Zwei
Three Drei
Four Vier
Five Funf
Six Sechs
Seven Sieben
Eight Acht
Nine Neun
Ten Zehn
Hundred Hundert
Thousand Tausend
Million(s) Million(en)
Billion Millarden
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This note was issued in Altona on the 10th
October, 1923.
What does this tell you about the value of the
Mark across Germany by October 1923?
Inflation Table
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What do all of the banknotes seen from 1923 tell
you about the value of the German Mark during
this year?
Discuss What do you think could have been the
cause of such rapid inflation and hyperinflation?
Have you worked out what hyperinflation means yet?
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Hyperinflation
A period of rapidly accelerating inflation where
the price of goods rises continuously and
dramatically. Money looses its value and goods
become more wildly more expensive.
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For further examples of German banknotes from
this period you may like to visit
German Notes http//www.germannotes.com/ The
introduction to the site states Find out about
German Paper Money, history and facts about
German banknotes and their historical context. A
vast amount of banknotes have been issued in
Germany and its regions. They are a mirror of
German history, culture and politics.
For further information on this period of German
History you could visit www.historylearningsite.c
o.uk/hyperinf.htm
END
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July 1914 1 20 marks
January 1919 1 35 marks
January 1920 1 256 marks
January 1921 1 256 marks
January1922 1 764 marks
January 1923 1 71,888 marks
September 1923 1 1,413,648 marks
October 1923 1 3,954,408,000,000 marks
November 1923 1 1,680,800,000,000,000 marks
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