Inflation was most prominent during the 1920s in

Question

Quizplus · Accepted Answer

Germany experienced hyperinflation in the 1920s due to the economic and political instability caused by World War I and the Treaty of Versailles. The German government printed large amounts of paper currency to pay war reparations, leading to a devaluation of the Mark and a dramatic rise in prices. This inflation peaked in 1923, with prices increasing at a rate of over 20% per day. In contrast, the United States and Britain experienced moderate inflation during this period, while France and Spain had relatively stable prices.

Inflation Was Most Prominent During the 1920s in