Which of the following actions did the upper class take during hyperinflation?

During hyperinflation, which occurred in Germany in the early 1920s, the upper class took significant actions to protect their wealth. Selling businesses and possessions was a pragmatic step for them. As the value of money plummeted, the purchasing power of the currency was eroded rapidly, leading wealth holders to convert their assets into more stable forms, like foreign currency, gold, or tangible goods that would hold value better than cash.

By selling off businesses or possessions, the upper class aimed to salvage some of their wealth before it became worthless due to hyperinflation. This response reflects a common strategy during economic crises, where retaining value becomes a priority, and tangible assets become far more desirable than cash that loses its worth by the minute.

In contrast, completely losing their wealth would overlook possible strategies they employed to mitigate losses. Boycotting financial institutions would not logically protect their wealth and would rather hinder their financial maneuvers. Opening more businesses during such a tumultuous economic period would likely be risky given the unstable market conditions caused by hyperinflation.