Global Economic Crisis

Question 1

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

Revolt · Accepted Answer

The Depression shattered people’s confidence in the government.

Question 2

After World War I, how did the US economy compare to that of Germany?

Revolt · Accepted Answer

The US economy was stronger.

Question 3

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.

Revolt · Accepted Answer

They needed to rebuild destroyed infrastructure.; They needed to repay money they had borrowed.

Question 4

The term “on margin” means

Revolt · Accepted Answer

paying the down payment on an asset and borrowing the balance.

Question 5

After the Great Depression, France could best be described as

Revolt · Accepted Answer

politically unstable.

Question 6

welfarewealthhousingfarmland

Revolt · Accepted Answer

wealth

Question 7

The global economic crisis following World War I was caused by

Revolt · Accepted Answer

unpaid WWI debts.

Question 8

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

Revolt · Accepted Answer

prospered.

Question 9

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

Revolt · Accepted Answer

They passed worker reforms.

Question 10

To pay reparations after World War I, Germany

Revolt · Accepted Answer

printed more money.

Global Economic Crisis Answers

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