History Activity

Our teacher Lenny Ambrosini told us to explain the following ideas with a YouTube video, afterwards we had to define it with our own words:

  • Inflation
  • Hyperinflation
  • Hyperinflation in Germany in the 1920s

Inflation and Hyperinflation

We chose this video because it explained very clearly the definition of inflation and also included a short concept of hyperinflation too. At the end of it a short summary was given that refreshed all the ideas of the video. It gave great examples that made it really easy to understand.

Hyperinflation in Germany in the 1920s

We chose this video because it had many images that represented very well the worthless value of money in the 1920’s in Germany. Also it made clear examples as the previous video about the situation in Germany.

Our definitions:

Inflation: It is when the government starts printing extra money to pay debts. Printing money is sometimes find as a kind of solution for the problem of having debts but it actually causes more problems as the money becomes worthless and prices rise.

Hyperinflation: It is when prices change all the time by rising and money has basically no value as so much money is printed. It is a very accelerating and high type of inflation that causes a lot of damage to the economy of a country. Egg: Zimbabwe, Germany (1920`s).

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