#1
Which treaty formally ended World War I?
Treaty of Versailles
Treaty of Trianon
Treaty of Saint-Germain-en-Laye
Treaty of Neuilly-sur-Seine
#2
Which international organization was established in 1944 to promote economic cooperation and development after World War II?
World Bank
International Monetary Fund
World Trade Organization
United Nations
#3
Which event is often considered the beginning of the Great Depression?
The stock market crash of 1929
The Treaty of Versailles
The Russian Revolution
The collapse of the Ottoman Empire
#4
Which international organization was created to facilitate economic cooperation and prevent future global financial crises after World War II?
World Trade Organization
International Monetary Fund
United Nations
World Bank
#5
Which economic theory dominated global policymaking during the interwar period?
Keynesian economics
Monetarism
Classical economics
Austrian economics
#6
Which of the following was a major factor contributing to the Great Depression?
Overproduction and underconsumption
Excessive government intervention
High levels of international trade
Stable financial markets
#7
What was the impact of the Smoot-Hawley Tariff Act of 1930?
It lowered international trade barriers
It exacerbated the Great Depression
It stabilized global currency markets
It increased global cooperation
#8
What was the primary goal of the Bretton Woods Conference in 1944?
To establish a fixed exchange rate system
To dismantle global trade agreements
To encourage protectionist policies
To promote free market capitalism
#9
What was the purpose of the Dawes Plan of 1924?
To provide humanitarian aid to war-torn countries
To restructure German reparations payments
To establish a global trade agreement
To address climate change
#10
Who developed the theory of comparative advantage?
John Maynard Keynes
Milton Friedman
Adam Smith
David Ricardo
#11
Which country was hit particularly hard by hyperinflation during the interwar period?
United States
United Kingdom
Germany
France
#12
Which country experienced a 'lost decade' during the 1990s due to economic stagnation?
United States
Japan
Germany
China
#13
What was the main reason behind the collapse of the Soviet Union's economy in the late 1980s and early 1990s?
Massive military spending
Agricultural inefficiency
Political corruption
Centralized planning failures
#14
What was a significant consequence of the Wall Street Crash of 1929?
Increased government regulation of financial markets
Rapid economic growth in Europe
Global financial stability
Widespread bank failures and unemployment