I’m studying for my Economics class and need an explanation.
Watch the 3 short videos linked below and answer the following questions.
Review the above videos, along with any other credible resources (please cite them), to answer each question below-minimum one paragraph per question:
- What political, economic, and social changes were implemented when Mugabe took power? How did economic conditions change under his administration?
- What are some of the factors that brought about hyperinflation in Zimbabwe?
- How has the Zimbabwean government dealt with the crisis? Pegging? Bond Notes? U.S. dollar’s role?
- Why might the agricultural output be overstated?
- The videos are from 2017, how has the political and economic environment changed from then to today?
- Locate one other historical example of Hyperinflation and contrast it with Zimbabwe. What is similar? What is different?
- (OPINION) Was Mugabe responsible for the economic crisis? Has the more recent administration done anything to mitigate the crisis? In what way?
- (OPINION) Should western countries like the U.S. and Europe get involved? Are western sanctions appropriate to quell the problem?
- (OPINION) Do you believe a highly developed country like the U.S, Canada, France, or the U.K could experience Hyperinflation? Why?


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