World War I: The Economic Conditions Of Germany

After the First World War, the economic condition of Germany became very weak. The German troops lost in the war and then Germany was economically destroyed. They were forced to pay war reparations to both Great Britain and France. Also, most of the people in the Germany were unemployed. Germans started making plans to find out the ways to generate new job in different fields like in power plants, transportation, and other related fields. Due to the huge increment in the social spending and sudden drop in the revenues, Germans had substantial deficits in their country. As the imposed taxes began to drop, the government focused more on the state trade and the property tax to maintain their economic condition. Germany had quite good amount of