Question

what do you mean by hyperinflation. ​

Answer 1

Answer:

okay bro

Explanation:

Hyperinflation is a term to describe rapid, excessive, and out-of-control general price increases in an economy. While inflation is a measure of the pace of rising prices for goods and services, hyperinflation is rapidly rising inflation, typically measuring more than 50% per month.

Although hyperinflation is a rare event for developed economies, it has occurred many times throughout history in countries such as China, Germany, Russia, Hungary, and Argentina.

Answer 2

Answer:

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. ... This crisis came to be known as 'hyperinflation' a situation when prices rise phenomenally high.