Define the term "hyderinflation" and explain how it relates to the price of a loaf of bread between
1918-1923 in Germany.

Question

01-03-2021
History

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Define the term "hyderinflation" and explain how it relates to the price of a loaf of bread between
1918-1923 in Germany.

Sagot :

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mamajokesnumber1 mamajokesnumber1 · Answer 1 · 2021-03-01T03:47:39-05:00

mamajokesnumber1 mamajokesnumber1

01-03-2021

Answer: In order to pay the striking workers the government simply printed more money. This flood of money led to hyperinflation as the more money was printed, the more prices rose. Prices ran out of control, for example a loaf of bread, which cost 250 marks in January 1923, had risen to 200,000 million marks in November 1923.

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Define the term "hyderinflation" and explain how it relates to the price of a loaf of bread between 1918-1923 in Germany.

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Define the term "hyderinflation" and explain how it relates to the price of a loaf of bread between
1918-1923 in Germany.