Era 10 Question Bank

What was the primary goal of the Hawley-Smoot Tariff?

• To increase American exports

• To reduce American imports

• To stabilize global trade

• To promote free trade

How did the Great Depression affect global trade?

• It increased global trade as countries sought to export their way out of depression

• It had no significant impact on global trade

• It led to a reduction in global trade as countries adopted protectionist policies

• It encouraged the establishment of free trade agreements

What was Germany's initial response to the Great Depression?

• Expanding social welfare programs

• Implementing austerity measures

• Nationalizing industries

• Lowering taxes

Which of the following best describes the impact of the Hawley-Smoot Tariff on demand for American goods?

• It increased demand for American goods worldwide

• It had no significant impact on demand for American goods

• It decreased demand for American goods due to retaliatory tariffs

• It stabilized demand for American goods

How did the Great Depression influence economic policies in other nations?

• It led to widespread adoption of laissez-faire policies

• It prompted countries to adopt more protectionist economic policies

• It encouraged countries to adopt a single global currency

• It resulted in the universal adoption of free trade policies

What was a common effect of the Great Depression on the global economy?

• Rapid economic growth

• Increased investment in technology

• High unemployment rates

• Expansion of international trade

Which country responded to the Great Depression by implementing New Deal policies?

• Germany

• United Kingdom

• United States

• France

How did trade relations change during the Great Depression?

• Countries became more cooperative in their trade relations

• There was a significant increase in global trade agreements

• Trade relations deteriorated as countries became more isolationist

• Trade relations were unaffected by the Great Depression

What was the effect of the Great Depression on international monetary systems?

• It led to the adoption of the gold standard by more countries

• It caused many countries to abandon the gold standard

• It had no significant effect on international monetary systems

• It resulted in the creation of a single global currency

Which of the following was a direct consequence of the Great Depression on economies worldwide?

• A shift towards more democratic forms of government

• An increase in global trade and cooperation

• A rise in protectionist and isolationist policies

• A decrease in military spending