Global Economic Crisis:Pre-Test

21 August 2022
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question
After World War I, how did the US economy compare to that of Germany?
answer
The US economy was stronger.
question
To pay reparations after World War I, Germany
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printed more money.
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The term "on margin" means
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paying the down payment on an asset and borrowing the balance.
question
During the Great Depression, the United States demanded repayment of loans it made to European nations for
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World War I expenses.
question
In which way did Great Britain's leaders try to recover from the Great Depression?
answer
by lowering interest rates to help business
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In France, how did Socialists attempt to fight the effects of the Great Depression?
answer
They passed worker reforms.
question
After the Great Depression, France could best be described as
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politically unstable.
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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 US economy after World War I relied in large part on
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construction.
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The global economic crisis following World War I was caused by
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unpaid WWI debts.
question
A factor leading to a weakening US economy, which followed its initial surge, was the unequal distribution of ______
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wealth
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What made Americans so willing to engage in stock market speculation in the 1920s?
answer
People were in an optimistic mood, and they were willing to take a risk.
question
After World War I, how did the US economy compare to that of Germany?
answer
The US economy was stronger.
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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?
answer
The Depression shattered people's confidence in the government.
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Why did European nations face financial challenges after World War I? Check all that apply.
answer
They needed to rebuild destroyed infrastructure. They needed to repay money they had borrowed.
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Following the Great Depression, in which country did economic recovery occur most quickly?
answer
Great Britain
question
In what year did the US economic recovery begin?
answer
1933
question
The US economy after World War I relied in large part on
answer
construction.
question
After the Great Depression, France could best be described as
answer
politically unstable.
question
Immediately following World War I, the economy in the United States
answer
prospered.
question
this photo from 1923, a man is using the backs of one million German marks (money) as writing paper. Use the drop-down menu to complete each statement.
answer
This photo shows that money is worth less than a piece of paper. When a country experiences inflation, prices for paper, pens, and other goods increase
question
Which factors led to a weakening economy in the United States? Check all that apply.
answer
speculation in the stock market unequal distribution of wealth overproduction
question
Refer to the chart and use the drop-down menu to complete each statement.
answer
According to the chart, the largest decline in foreign trade occurred in the united states. The greatest increase in unemployment between 1929 and 1932 occurred in the united states. According to the chart, Britain was least affected by the Great Depression.
question
After World War I, how did the US economy compare to that of Germany?
answer
The US economy was stronger.
question
To pay reparations after World War I, Germany
answer
printed more money.
question
During the Great Depression, the United States demanded repayment of loans it made to European nations for
answer
World War I expenses.
question
In which way did Great Britain's leaders try to recover from the Great Depression?
answer
by lowering interest rates to help business
question
In France, how did Socialists attempt to fight the effects of the Great Depression?
answer
They passed worker reforms.
question
After the Great Depression, France could best be described as
answer
politically unstable.
question
Immediately following World War I, the economy in the United States
answer
prospered.
question
The US economy after World War I relied in large part on
answer
construction.
question
The global economic crisis following World War I was caused by
answer
unpaid WWI debts.
question
In what year did the US economic recovery begin?
answer
1933