4. Hyperinflation strikes Germany “ By November 5th, 1923 a loaf of bread cost 140 billion marks. Workers were paid twice a day, and given half-hour breaks to rush to the shops with their satchels, suitcases or wheelbarrow, to buy something, anything, before their paper money halved in value yet again. By mid-November, when a new currency was issued, prices had added twelve zeros since the first world war began in 1914.” The Economist
5. By the end of 1923 the German currency was of no value at all. The quarterly rate of inflation stood at 52,000% Using money to heat the house Using money to wallpaper the house
22. Individual farms (Kulaks) Each has own farmhouse Tractor Equipment etc Farmers make $ based on how productive they are. The more productive, the more $ they make. Collectivization of farms
23. Collective farm – state (government) owned, all equipment and Housing, pooled together. Everyone gets paid the same wages. All profits go to government, which then pays the workers. No incentive, no ownership of land Workers live in communal village, in govt housing projects
24.
25.
26.
27.
28.
29.
30.
31.
32.
33.
34.
35.
36.
37. First They Came for the Jews First they came for the Jews and I did not speak out because I was not a Jew. Then they came for the Communists and I did not speak out because I was not a Communist. Then they came for the trade unionists and I did not speak out because I was not a trade unionist. Then they came for me and there was no one left to speak out for me. Pastor Martin Niemöller
![Causes of World War II ,[object Object],[object Object],[object Object],[object Object]](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)