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Political and Economic Debates in the Early 20th Century Quiz

#1

What international organization was established in the aftermath of World War I to promote peace and cooperation among nations?

League of Nations
Explanation

First global peace organization.

#2

What political ideology was a major influence on the establishment of the Soviet Union in the early 20th century?

Marxism-Leninism
Explanation

Marxist ideology adapted by Lenin.

#3

Which economic concept refers to the overall decline in economic activity, production, and employment, lasting for an extended period?

Recession
Explanation

Economic downturn.

#4

What international organization replaced the League of Nations and was established after World War II to maintain international peace and security?

United Nations
Explanation

Global peacekeeping body.

#5

Which treaty formally ended World War I and was signed in 1919?

Treaty of Versailles
Explanation

Post-war peace agreement.

#6

What term is commonly used to describe the period of economic growth and cultural dynamism in the United States during the 1920s?

Roaring Twenties
Explanation

Decade of prosperity and cultural change.

#7

Which event marked the beginning of the Great Depression in the early 20th century?

Stock Market Crash of 1929
Explanation

Stock market collapse leading to economic downturn.

#8

Who was the President of the United States during the New Deal era?

Franklin D. Roosevelt
Explanation

President implementing New Deal policies.

#9

What economic policy is associated with President Franklin D. Roosevelt's efforts to address the Great Depression?

Keynesian Economics
Explanation

Government intervention for economic stability.

#10

Which country experienced hyperinflation in the early 1920s, leading to significant economic and political consequences?

Germany
Explanation

Extreme inflation causing chaos.

#11

What major international economic conference was held in 1944 to establish the framework for post-World War II economic order?

Bretton Woods Conference
Explanation

Framework for global monetary system.

#12

Which political and economic system emerged in China under the leadership of Mao Zedong in the mid-20th century?

Communism
Explanation

Socialist regime led by Mao.

#13

Which economic theory influenced the policies of governments during the early 20th century, emphasizing minimal government intervention?

Laissez-faire Capitalism
Explanation

Hands-off economic approach.

#14

Which political ideology gained prominence in Russia after the 1917 October Revolution?

Communism
Explanation

Socialist system with collective ownership.

#15

Who was a prominent figure associated with the economic philosophy of supply-side economics during the 1980s?

Ronald Reagan
Explanation

Advocated for tax cuts to boost economy.

#16

During the early 20th century, what was the term used to describe a system of government where a single political party controls all aspects of life?

Totalitarianism
Explanation

Centralized control over society.

#17

Who wrote the influential book 'The General Theory of Employment, Interest, and Money,' which had a significant impact on economic thought during the early 20th century?

John Maynard Keynes
Explanation

Founder of Keynesian economics.

#18

What economic theory advocates for reducing government intervention and allowing market forces to determine economic outcomes?

Laissez-faire Capitalism
Explanation

Free-market principles.

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