Inflation in Austria in 1922

Inflation in Austria in 1922

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

The transcript discusses the inflation of the German Mark, highlighting the Republic's financial struggles as it printed more money with diminishing gold reserves. It also covers the valuation of the pre-war Mark against the American dollar.

Read more

5 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the German monetary unit mentioned in the text?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the alarming trend observed in the value of the Mark?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What action did the Republic take when it found itself without necessary funds?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the consequence of printing more paper money?

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the value of the pre-war Mark compare to the American dollar?

Evaluate responses using AI:

OFF