In the 1920s, Germany issued a new currency because the trillions of old German marks it had printed became worthless due to __________.

Question

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Hyperinflation occurred in Germany in the 1920s due to the government's decision to print and circulate a large amount of money to pay for war reparations and other expenses. As a result, the value of the German mark fell rapidly, causing prices to rise and making the currency practically worthless. In November 1923, Germany introduced a new currency called the Rentenmark, which helped stabilize the economy and restore confidence in the German financial system.

In the 1920s, Germany Issued a New Currency Because the Trillions