Two Examples of Governments That Printed Large Quantities of Paper

question 74

Multiple Choice

Two examples of governments that printed large quantities of paper currency to finance massive budget deficits, causing hyperinflation, are ________ and ________.

• A)the Confederacy during the American Civil War; Japan after World War II
• B)the Confederacy during the American Civil War; Germany after World War I
• C)the United States during the Great Depression; Japan after World War II
• D)the United States during the Great Depression; Germany after World War I

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Definitions:

Asch's Study

A series of experiments by Solomon Asch that demonstrated the power of conformity in groups, showing that individuals may agree with group consensus even when it contradicts their own senses.

Group Norm

Shared standards, rules, or expectations that influence behavior within a group of people.

Object of Judgement

The entity or individual that is being evaluated or assessed in a particular situation.

Autokinetic Experiment

A psychological experiment where a stationary point of light in a dark room appears to move because of small eye movements, illustrating the effect of suggestion or social influence on beliefs.