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Global Economic Crisis — Quiz Answers

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After the Great Depression, France could best be described as

A
economically sound.
B
quick to recover.
C
more conservative.
D
politically unstable.
3

Why did people demand not just banking and stock market reform but also new forms of government after the Great Depression?

A
Banks and stock markets were minimally responsible for the Depression.
B
Resentment of existing governments began well before the Depression.
C
Governments refused to make post-Depression financial reforms.
D
The Depression shattered people’s confidence in the government.
4

When Germany experienced inflation, prices for goods

A
increased.
B
decreased.
C
stayed the same.
D
went up and down.
5

In which way did Great Britain’s leaders try to recover from the Great Depression?

A
by lessening reliance on exports and imports
B
by lowering taxes to improve personal incomes
C
by lowering interest rates to help business
D
by lessening control over national currency
6

During the Great Depression, the United States demanded repayment of loans it made to European nations for

A
World War I expenses.
B
unemployed workers.
C
industrial development.
D
stock market losses.
7

The term “on margin” means

A
paying the down payment on an asset and borrowing the balance.
B
paying a high-interest rate on a bank or broker loan for an asset.
C
paying the balance in full for an asset with no down payment.
D
paying a loan back for an asset only after profiting from a trade.
8

In France, how did Socialists attempt to fight the effects of the Great Depression?

A
They created new jobs.
B
They passed worker reforms.
C
They banned all imports.
D
They overthrew the government.
9

To spur US recovery after the Great Depression, President Roosevelt

A
loosened strict banking rules and oversight.
B
eliminated many forms of government funding.
C
enacted numerous relief and welfare programs.
D
restored pre-Depression stock market regulations.

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