172k views
4 votes
When germany experienced inflation, prices for goods

1 Answer

7 votes

When germany experienced inflation, prices for goods increased. Such a rise in the prices of goods was dramatic and resulted in a hyper-inflation crisis rhat affected all the people.

Inflation refers to a general and sustained rise in the level of prices of goods and services; and when prices rise at phenomenal rates and money becomes almost worthless, we are talking about a hyperinflation.


User Mattdm
by
5.1k points