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Q: What nation experienced extreme hyperinflation, or skyrocketing cost of goods, that contributed to the start of World War II? France Germany Britain Japan
A: Germany went through its worst inflation in 1923. In 1922, the highest denomination was 50,000 Mark. By 1923, the highest denomination was 100,000,000,000,000 Mark. [ In December 1923 the exchange rate was 4,200,000,000,000 Marks to 1 US dollar.[31] In 1923, the rate of inflation hit 3.25 × 106 percent per month (prices double every two days). Beginning on 20 November 1923, 1,000,000,000,000 old
Marks were exchanged for 1 Rentenmark so that 4.2 Rentenmarks were worth 1 US dollar, exactly the same rate the Mark had in 1914.[31] Find out more at: ]
Expert answered|3man7|Points 5|
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Asked 3/15/2013 8:45:51 AM
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