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Depression & hyperinflation
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Depression & hyperinflation

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  • 1. The Great Depression and Hyperinflation
    • when prices increase rapidly as a currency loses its value.
  • 2. GDP
  • 3. Unemployment rate in the US 1910-1960.
  • 4. A family in Brighton, England, during the Depression.
  • 5. Bank Run
  • 6. Horse pulling a car.
  • 7. 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.)
  • 8. Hyperinflation
    • when prices increase rapidly as a currency loses its value.
  • 9. German Children Playing With Money
  • 10. Woman Burning Paper Money for Heat
  • 11. Recent Inflation in Zimbabwe Annual inflation rate: 89.7 x 10 21 %
  • 12. Zimbabwe Paper Money Used as Toilet Paper
  • 13. $100 Million
  • 14. $100 Trillion
  • 15. 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
  • 16.  

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