Question

what is hyperinflation ? mention the factor responsible for hyperinflation ​

Answer 1

Answer:

hyperinflation refers to the time period when the country suuffers through great economic crisis. takin g the example of Germany in the 1920's, we know that the Germans recklessly printed paper currency in order to repay the loans, they had taken during the world war. this led to the deplete of their currency, the German mark. everyone had a lot of money, trillions of marks could he found at the house of the poorest of people. 1 us dollar ,became equivalent to a hundred trillions . the most common factor responsible for hyperinflation is excessive printing of money., more specifically,the paper currency

Answer 2

Answer:

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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.