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Maru [420]
2 years ago
7

Define hyperinflation in history

History
1 answer:
Leno4ka [110]2 years ago
3 0

Answer:

Hyperinflation is a term to describe rapid, excessive, and out-of-control general price increases in an economy. Although hyperinflation is a rare event for developed economies, it has occurred many times throughout history in countries such as China, Germany, Russia, Hungary, and Argentina.

Explanation:

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Whilst Aztec emperor, Montezuma had a well-known disagreement with Spanish conquistador Hernán Cortés. He initially welcomed Cortés but, while unable to shop for him off, laid a entice in Tenochtitlán. Cortés, but, took Montezuma prisoner, hoping to prevent an Aztec attack.

When Moctezuma went to fulfill them at Huitzillan, he bestowed gifts on Cortes he gave him flora, put necklaces on him hung garlands around him, and put wreaths on his head. Then he laid out before him, the golden necklaces, all of his items for the Spaniards.

Learn more about Moctezuma and Cortes here:-brainly.com/question/6711918

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1 year ago
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