what do you know about hyper inflation???in history class9
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the ans is With too much of printed money in circulation, the value of German mark fell. As the value of German mark collapsed, prices of goods soared. The image of Germarts carrying cartloads of currency notes to buy a loaf of bread was widely publicised evoking worldwide sympathy. This crisis came to be known as ‘hyperinflation’ a situation when prices rise phenomenally high.
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Hope you are from CBSE.
So, when the amount of money circulating in the market rise beyond a level ( resulting into very high price of goods ) . This situation is called Hyper inflation. Example - If you are in CBSE board, then in History ( Nazism ), the value of German mark fell down.....
So, when the amount of money circulating in the market rise beyond a level ( resulting into very high price of goods ) . This situation is called Hyper inflation. Example - If you are in CBSE board, then in History ( Nazism ), the value of German mark fell down.....
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