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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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One major scientific idea of the Scientific Revolution is how its revolutionized abstract reasoning and quantitative thought which helps to understand things better,

<h3>What is the Scientific Revolution?</h3>

This was a period of significant change in scientific thought that took place during the 16th and 17th centuries.

The revolution led to the replacement the Greek view of nature that dominated science for almost 2,000 years.

In conclusion, the scientific revolution was highly important because it gave rise to new ways of thinking or criticism and also paved the way for much of the understanding of science that we have today.

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