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Economic Challenges and Responses in the 1920s and 1930s Quiz

Which event is often considered the starting point of the Great Depression?

The Stock Market Crash of 1929

Explanation

The collapse of the stock market in 1929 triggered widespread economic downturn and marked the beginning of the Great Depression.

During the 1930s, which country adopted a policy of aggressive military expansionism?

Germany

Explanation

Germany pursued aggressive military expansionism during the 1930s under Adolf Hitler, contributing to the lead-up to World War II.

What was one major factor contributing to the Dust Bowl in the 1930s?

Overgrazing by livestock

Explanation

Overgrazing by livestock led to soil erosion, exacerbating the environmental conditions that caused the Dust Bowl in the 1930s.

Which country experienced hyperinflation during the early 1920s, leading to severe economic instability?

Germany

Explanation

Germany experienced hyperinflation in the early 1920s, causing economic turmoil and contributing to social and political challenges.

What was the name of the economic policy pursued by the United States in the 1920s, characterized by minimal government intervention in the economy?

Laissez-faire capitalism

Explanation

The United States pursued a laissez-faire capitalist policy in the 1920s, advocating for minimal government interference in economic affairs.

Which New Deal program was responsible for the construction of public infrastructure such as roads, bridges, and airports?

Works Progress Administration (WPA)

Explanation

The Works Progress Administration (WPA) was a New Deal program that focused on public works projects, including the construction of infrastructure during the 1930s.

What economic theory did John Maynard Keynes advocate for as a response to the Great Depression?

Keynesian economics

Explanation

John Maynard Keynes advocated for Keynesian economics, emphasizing government intervention to stimulate economic activity during recessions.

Which country was not significantly affected by the Great Depression?

Soviet Union

Explanation

The Soviet Union, due to its planned economy and isolation, was less affected by the economic downturn during the Great Depression.

What was the name of the economic policy pursued by the Soviet Union during the 1930s, involving centralized planning and state ownership of the means of production?

Communism

Explanation

The Soviet Union pursued a communist economic policy in the 1930s, characterized by centralized planning and state ownership of key industries.

#10

What was the name of the economic theory that argued for government intervention to stabilize the economy during recessions?

Keynesian economics

Explanation

Keynesian economics argues for government intervention, including fiscal policies, to stabilize the economy during economic downturns.

Economic Challenges and Responses in the 1920s and 1930s Quiz

Which event is often considered the starting point of the Great Depression?

During the 1930s, which country adopted a policy of aggressive military expansionism?

What was one major factor contributing to the Dust Bowl in the 1930s?

Which country experienced hyperinflation during the early 1920s, leading to severe economic instability?

What was the name of the economic policy pursued by the United States in the 1920s, characterized by minimal government intervention in the economy?

Which New Deal program was responsible for the construction of public infrastructure such as roads, bridges, and airports?

What economic theory did John Maynard Keynes advocate for as a response to the Great Depression?

Which country was not significantly affected by the Great Depression?

What was the name of the economic policy pursued by the Soviet Union during the 1930s, involving centralized planning and state ownership of the means of production?

What was the name of the economic theory that argued for government intervention to stabilize the economy during recessions?

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