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Zimbabwe suffered economic collapse because it destroyed its farmland and had no economically productive industries left. Venezuela suffered economic collapse b
by pytester 8y ago
Zimbabwe suffered economic collapse because it destroyed its farmland and had no economically productive industries left. Venezuela suffered economic collapse because its industrial base was rendered non-competitive and destroyed.
In neither case was the hyperinflation caused by "spending just a bit too much" - it was a side effect of killing economically productive industries and attempts to pay off externally denominated debts.