Historic Inflation Events: Can You Identify Them All?
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From Weimar Germany to Zimbabwe, test your knowledge on historic inflationary episodes.
1. What was one of the main causes of the United States' longest stretch of heightened inflation in the 1970s?
2. During which inflationary episode did Paul Volcker become the Chair of the Federal Reserve?
3. What event triggered the inflationary episode of April 1989–May 1991?
4. What commodity's price spike led to inflation in July 2008–August 2008?
5. Which country's hyperinflation peaked at over 89 sextillion percent in November 2008?
6. What economic event caused the rapid post-World War II inflationary episode in the U.S.?
7. What major economic policy did President Nixon implement to reduce inflation during March 1969–January 1971?
8. What was the cause of Hungary's hyperinflation right after World War II?
9. During which period did the Irish Great Famine and Highland Potato Famine occur?
10. Which war influenced the inflationary episode of December 1950–December 1951?
11. Which country experienced the worst hyperinflation in history with prices doubling every 15 hours?
12. What was a primary cause of inflation in the episode of July 1946–October 1948?
13. Which event did not play a significant role in generating inflation during April 1973–October 1982?
14. Which inflationary episode was closely associated with skyrocketing gas prices in 2008?
15. Which historical event is linked with the 1973–1980 energy crisis?
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