History, asked by Oyasco9587, 1 year ago

Explain the term hyperinflation

Answers

Answered by jeane
6
a condition where the price of everything in a national economy goes out of control and increases very quickly


or
u can
say


Hyperinflation is when the prices of goods and services rise more than 50 percent a month. At that rate, a loaf of bread could cost one amount in the morning, and a higher one in the afternoon.

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Answered by ss3566021
1

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It is a situation when there is very high price rise. It occurred in Germany after the First World War due to too much printing of currency.

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