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Hyperinflation - GCSE History Definition

Reviewed by: Zoe Wade

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Hyperinflation is an extreme and rapid rise in prices, which means that money quickly loses its value. This happens when a country prints too much money, making it worth less, and people need more money to buy the same things they used to get for less.

A famous example is Germany in the early 1920s, where the price of basic goods like bread soared, and people needed wheelbarrows full of money to buy everyday items. Hyperinflation can cause big problems for a country's economy, as savings lose value and living costs become unaffordable for many people.

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Zoe Wade

Reviewer: Zoe Wade

Expertise: History Content Creator

Zoe has worked in education for 10 years as a teaching assistant and a teacher. This has given her an in-depth perspective on how to support all learners to achieve to the best of their ability. She has been the Lead of Key Stage 4 History, showing her expertise in the Edexcel GCSE syllabus and how best to revise. Ever since she was a child, Zoe has been passionate about history. She believes now, more than ever, the study of history is vital to explaining the ever-changing world around us. Zoe’s focus is to create accessible content that breaks down key historical concepts and themes to achieve GCSE success.

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