The document discusses economic concepts like the Great Depression, GDP, unemployment, inflation, hyperinflation, and provides examples of countries that experienced hyperinflation in the 20th century. Hyperinflation occurs when prices rapidly increase as a currency loses value, such as in Germany in the 1920s and Zimbabwe in the 2000s. The document includes images related to the economic hardships of the Great Depression and hyperinflation.

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