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The 1923 crisis in which the mark collapsed and prices soared is called:

ADeflation spiral
BHyperinflation
CGreat Depression
DStagflation era
Answer & Solution
Correct answer: B. Hyperinflation
1. A dollar went from 24,000 marks in April to trillions by December. 2. This was hyperinflation. 3. People carried cartloads of notes for bread. _Source: syllabus India and the Contemporary World I, Chapter 3, Nazism and the Rise of Hitler._
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