Post-Versailles Germany: Why Was Unemployment So High?
The Treaty of Versailles, a consequence of the First World War, imposed severe economic sanctions on Germany. These reparations crippled the nation’s financial stability, directly contributing to widespread unemployment in post-versailles germany. Simultaneously, the disbandment of the massive wartime German Army flooded the labor market with demobilized soldiers seeking employment. Hyperinflation, a direct result of […]