Hyperinflation and Economic Responses

Hyperinflation and Economic Responses

Assessment

Interactive Video

Economics, Social Studies, History

6th - 7th Grade

Hard

Created by

Patricia Brown

FREE Resource

The video discusses the impact of inflation in Zimbabwe, highlighting how prices rise daily, affecting the community. It explains hyperinflation, where the value of money decreases rapidly, making basic goods unaffordable. The discussion includes the effects on daily life and the need for community-driven solutions. The video concludes with a call to action to address the economic challenges.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main economic issue discussed in the introduction?

Decreasing population

Improving infrastructure

Increasing food prices

Rising movie ticket prices

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What term is used to describe the rapid increase in prices?

Recession

Deflation

Stagflation

Hyperinflation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What humorous comparison is made about hyperinflation?

It's like a rollercoaster

It's like eating cake for breakfast

It's like a sunny day

It's like a magic trick

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much is one US dollar worth in Zimbabwean dollars during hyperinflation?

1 quadrillion Zimbabwean dollars

1 billion Zimbabwean dollars

1 million Zimbabwean dollars

1 trillion Zimbabwean dollars

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the cost of a loaf of bread in Zimbabwean dollars?

1 trillion

10 trillion

3 trillion

5 trillion

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the effect of inflation on the poor population?

It makes them richer

It has no effect

It makes them poorer

It stabilizes their income

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the suggested solution to the problem of inflation?

Printing more money

Relying on foreign aid

Ignoring the issue

Solving it internally

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