Social Sciences, asked by dwivediparth197, 5 months ago

what is mean by hyperinflation? when it take place in Germany

Answers

Answered by vishishtha1504

1

Explanation:

Hyperinflation is a situation when prices rise phenomenally high. This situation occurred in Germany in 1923 due to several reasons: (i) Germany had fought the First World War largely on loans and had to pay the war compensation in gold. This depleted gold reserves at a time resources were scarce.

Answered by sivasmart2222

0

Answer:

Hyperinflation is a situation when prices rise phenomenally high. This situation occurred in Germany in 1923 due to several reasons: (i) Germany had fought the First World War largely on loans and had to pay the war compensation in gold. This depleted gold reserves at a time resources were scarce.

Explanation:

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