GLOBAL ECONOMIC CRISIS

1 September 2022
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18 test answers

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question
Read this excerpt from US President Franklin Roosevelt's first inaugural address in 1933. The withered leaves of industrial enterprise lie on every side; farmers find no markets for their produce; the savings of many years in thousands of families are gone. More important, a host of unemployed citizens face the grim problem of existence. -- On the basis of this excerpt, what is one improvement Roosevelt was likely to strive for?
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an increase in jobs
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In what year did the US economic recovery begin?
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1933
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After the Great Depression, France could best be described as
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politically unstable.
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The US economy after World War I relied in large part on
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construction.
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In which way did Great Britain's leaders try to recover from the Great Depression?
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by lowering interest rates to help business
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In the year ____, the US stock market collapsed.
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1929
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A factor that weakened the US economy following its initial surge was the unequal distribution of _____
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wealth
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In France, how did Socialists attempt to fight the effects of the Great Depression?
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They passed worker reforms.
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Immediately following World War I, the economy in the United States
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prospered.
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The global economic crisis following World War I was caused by
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unpaid WWI debts.
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To pay reparations after World War I, Germany
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printed more money.
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Following the Great Depression, in which country did economic recovery occur most quickly?
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Great Britain
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Why did people demand not just banking and stock market reform but also new forms of government after the Great Depression?
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The Depression shattered people's confidence in the government.
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After World War I, how did the US economy compare to that of Germany?
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The US economy was stronger.
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Look at this chart showing the economic impact of the Great Depression between 1929 and 1932. According to this chart,___________________ had the smallest increase in unemployment.
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Great Britain
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President Franklin Roosevelt's domestic program, called the ____________ , spurred economic recovery in the United States.
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New Deal
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Look at this chart showing the economic impact of the Great Depression between 1929 and 1932. Based on the chart, what can one most likely conclude about the relationship between industrial production and unemployment?
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Declines in industrial production are tied to a rise in unemployment.
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The term "on margin" means
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paying the down payment on an asset and borrowing the balance.