Hyperinflation is:

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When prices fall phenomenally low

High debts

When the price rises phenomenally high

None of the above

answer is C.

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Detailed Solution

Hyperinflation is when the price rises phenomenally high.
In 1923 political radicalization was the only way forward for the Weimar Republic. When the Weimar republic government could not pay France the war's reparations, they declined to pay any more. France soon occupied the industrially rich Rhineland. Germany resisted by providing passive resistance. They started to print excess paper currency. But soon, the value of the Mark fell compared to the dollar. It fell so much that the gap between the Mark and dollar during December had touched a trillion. This was known as inflation. It was found in the newspapers of that era that a man was seen carrying the bulk of Mark notes to buy a piece of bread.

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