Global Economic Crisis Answers

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Why did European nations face financial challenges after World War I? Select two answers.They needed to recruit soldiers for the military.They needed to rebuild destroyed infrastructure.They needed to pay higher salaries to workers.They needed to repay money they had borrowed.They needed to finance students’ education.

A
They needed to recruit soldiers for the military.
B
They needed to rebuild destroyed infrastructure.
C
They needed to pay higher salaries to workers.
D
They needed to repay money they had borrowed.
E
They needed to finance students’ education.
2
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After World War I, how did the US economy compare to that of Germany?

A
The US economy was stronger.
B
The German economy was stronger.
C
Both economies were about equal.
D
Both economies shifted up and down.
3

The US economy after World War I relied in large part on

A
loans from abroad.
B
construction.
C
inflation.
D
farming.
4

1929192119331941

A
1929
B
1921
C
1933
D
1941
5

To pay reparations after World War I, Germany

A
asked the United States to repay debts to Germany.
B
printed more money.
C
raised taxes on its residents.
D
increased prices for food and goods.
6

Great Britainthe United StatesGermanyFrance

A
Great Britain
B
the United States
C
Germany
D
France
7

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

A
They overthrew the government.
B
They created new jobs.
C
They passed worker reforms.
D
They banned all imports.
8

Immediately following World War I, the economy in the United States

A
suffered.
B
prospered.
C
was unaffected.
D
plunged to its lowest numbers.
9

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

A
industrial development.
B
World War I expenses.
C
unemployed workers.
D
stock market losses.
10

The global economic crisis following World War I was caused by

A
widespread unemployment.
B
unpaid WWI debts.
C
the Great Depression.
D
overspeculation.

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