Economic Recovery Measures in Post-World War I Europe Quiz

Test your knowledge on economic measures, hyperinflation, political instability, and major economic events in post-World War I Europe.

#1

Which country experienced hyperinflation as a consequence of World War I?

France
Germany
United Kingdom
Italy
#2

Which country was the first to introduce the gold standard during the 1920s?

United States
France
United Kingdom
Germany
#3

Which country initiated the Ruhr occupation in 1923 as a response to Germany's failure to make reparation payments?

France
United Kingdom
Italy
Belgium
#4

Which country experienced a hyperinflationary spiral in the early 1920s, leading to social and economic turmoil?

France
United Kingdom
Germany
Italy
#5

Which country experienced significant inflation due to war debts and a decrease in agricultural production following World War I?

France
Germany
United Kingdom
Italy
#6

What was the name of the economic plan proposed by American financier Charles G. Dawes to aid European recovery?

Young Plan
Dawes Plan
Marshall Plan
Treaty of Versailles
#7

Which economist is known for advocating for deficit spending as a means of stimulating economic activity during times of depression?

John Maynard Keynes
Milton Friedman
Friedrich Hayek
Adam Smith
#8

Which European country experienced significant political instability during the interwar period, hindering its economic recovery?

Germany
United Kingdom
France
Italy
#9

What was the primary goal of the Treaty of Versailles regarding economic reparations?

To ensure Germany remained an economic powerhouse
To rebuild infrastructure across Europe
To weaken Germany's economy to prevent future aggression
To establish a new economic alliance among European nations
#10

Which country experienced a major banking crisis during the Great Depression, exacerbating its economic woes?

France
United States
United Kingdom
Germany
#11

Which international organization was established in 1944 to promote economic cooperation and development among European countries?

European Union
International Monetary Fund
World Bank
Bretton Woods Conference
#12

Which economic concept refers to the situation when the production of goods exceeds the demand for those goods, leading to falling prices and economic stagnation?

Deflation
Hyperinflation
Stagflation
Fiscal policy
#13

Which economic agreement aimed to establish a fixed exchange rate system among major industrialized nations following World War II?

Bretton Woods Agreement
Plaza Accord
Marshall Plan
Dawes Plan
#14

Which international organization was established in 1945 to foster international monetary cooperation and ensure the stability of exchange rates?

United Nations
World Trade Organization
International Monetary Fund
World Bank
#15

Which economic theory argues that government intervention in the economy, particularly through regulation and welfare programs, is necessary to address market failures and ensure social welfare?

Neoliberalism
Austrian economics
Social democracy
Supply-side economics

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