Depression & hyperinflation
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Depression & hyperinflation

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    Depression & hyperinflation Depression & hyperinflation Presentation Transcript

    • The Great Depression and Hyperinflation
      • when prices increase rapidly as a currency loses its value.
    • GDP
    • Unemployment rate in the US 1910-1960.
    • A family in Brighton, England, during the Depression.
    • Bank Run
    • Horse pulling a car.
    • Inflation
      • Inflation is a rise in prices of goods & services in an economy over a period of time.
      • (When prices rise, each unit of currency buys fewer goods & services, so it is a decrease in the purchasing power of money.)
    • Hyperinflation
      • when prices increase rapidly as a currency loses its value.
    • German Children Playing With Money
    • Woman Burning Paper Money for Heat
    • Recent Inflation in Zimbabwe Annual inflation rate: 89.7 x 10 21 %
    • Zimbabwe Paper Money Used as Toilet Paper
    • $100 Million
    • $100 Trillion
    • List of countries which experienced hyperinflation
      • Angola 1991-1995
      • Argentina 1975-1991
      • Austria 1921-1922
      • Belarus 1994-2002
      • Bolivia 1984-1986
      • Bosnia-Herzegovina 1992-1993
      • Brazil 1986-1994
      • Bulgaria 1996
      • Chile 1971-1973
      • China 1948-1949
      • Free City of Danzig 1922-1923
      • Georgia 1993-1995
      • Germany 1922-1923
      • Greece 1942-1944
      • Hungary 1945-1946
      • Israel 1970-1971
      • Japan 1948-1951
      Krajina 1992-1993 Madagascar 2004-2005 Mozambique 1977-1992 Nicaragua 1987-1990 Peru 1988-1990 Philippines 1942-1944 Poland 1989-1991 Romania 1998-2005 Russia 1921-1922 and 1992-1999 Turkey 1990-1995 Ukraine 1993-1995 United States 1861-1865 Yugoslavia 1989-1994 Zaire 1989-1996 Zimbabwe 2004-2009
    •