Question
Which response best describes the impact of hyperinflation on South Carolina during the Civil War?(1 point)
Responses
Hyperinflation increased the value of the Confederate dollar.
Hyperinflation increased the value of the Confederate dollar.
Hyperinflation relieved food shortages.
Hyperinflation relieved food shortages.
Hyperinflation created a cotton surplus.
Hyperinflation created a cotton surplus.
Hyperinflation rendered the Confederate dollar worthless.
Responses
Hyperinflation increased the value of the Confederate dollar.
Hyperinflation increased the value of the Confederate dollar.
Hyperinflation relieved food shortages.
Hyperinflation relieved food shortages.
Hyperinflation created a cotton surplus.
Hyperinflation created a cotton surplus.
Hyperinflation rendered the Confederate dollar worthless.
Answers
GPT-4o mini
The response that best describes the impact of hyperinflation on South Carolina during the Civil War is:
**Hyperinflation rendered the Confederate dollar worthless.**
During the Civil War, the Confederacy faced severe economic challenges, and hyperinflation caused the value of Confederate currency to plummet, leading to widespread financial instability.
**Hyperinflation rendered the Confederate dollar worthless.**
During the Civil War, the Confederacy faced severe economic challenges, and hyperinflation caused the value of Confederate currency to plummet, leading to widespread financial instability.