#1
Which historical event is associated with the Great Depression in the 1930s?
World War I
The Wall Street Crash of 1929
The Industrial Revolution
The Cuban Missile Crisis
#2
During which economic era did the concept of mercantilism dominate?
Feudalism
Renaissance
Industrial Revolution
Colonialism
#3
Which historical event marked the transition from the barter system to a monetary economy?
The Agricultural Revolution
The Renaissance
The Industrial Revolution
The Invention of Writing
#4
What economic impact did the Gold Rush of the 19th century have on the United States?
Increased economic inequality
Stimulated economic growth and migration
Caused economic recession
No significant impact
#5
What was the economic impact of the Black Death in the 14th century?
Increased agricultural productivity
Economic prosperity and population growth
Economic decline and labor shortages
No significant impact on the economy
#6
How did the Marshall Plan aim to address the economic aftermath of World War II?
By providing financial aid to rebuild war-torn European countries
By establishing a military alliance
By promoting isolationism
By imposing economic sanctions
#7
Which economic theory is associated with the idea that governments should intervene in the economy to stabilize it?
Laissez-faire economics
Keynesian economics
Supply-side economics
Monetarism
#8
What was the impact of the 1997 Asian Financial Crisis on the affected countries?
Economic prosperity and stability
Currency appreciation
Severe economic downturn and currency devaluation
Increased foreign investments
#9
Which economic theory argues for minimal government intervention and the importance of free markets?
Marxism
Socialism
Capitalism
Communism
#10
What is the economic significance of the Silk Road in ancient times?
Facilitated the exchange of goods and ideas between East and West
Isolated regions from trade
Led to the decline of trade routes
Promoted regional self-sufficiency
#11
What impact did the oil crisis of the 1970s have on the global economy?
Increased inflation and unemployment
Decreased inflation and increased economic growth
Stagnation of economic activity
No significant impact
#12
Which economic consequences were associated with the fall of the Berlin Wall in 1989?
Global recession
Integration of East and West German economies
Economic collapse of the Soviet Union
Rise in commodity prices
#13
What role did the Bretton Woods Agreement play in the post-World War II economic order?
Established the gold standard
Created the European Union
Provided a framework for international monetary cooperation
Implemented isolationist policies
#14
How did the 2008 financial crisis impact the global economy?
Stimulated economic growth
Triggered a recession and financial turmoil
Led to increased government regulation
Strengthened the banking sector
#15
How did the Green Revolution impact agricultural productivity and economies in the mid-20th century?
Decreased agricultural productivity
Increased agricultural productivity and reduced hunger
Led to environmental degradation
Caused a decline in global food production