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  4. AP 24.990 The Great Depression – Germany’s Hyperinflation and Depression

AP 24.990 The Great Depression – Germany’s Hyperinflation and Depression

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Before 1929
German Children stand next to a tower of 100,000 units of marks equal to one US dollar in 1923.

In early 1922, 160 German marks was equivalent to one US dollar. By November of 1923, the currency would depreciate to 4,200,000,000,000 marks to one US dollar.


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