Economic History Quiz

What event marked the beginning of the economic crisis in 1929?

• Blue Tuesday

• Black Thursday

• Red Friday

• Green Monday

Which sector was most affected by the decline in foreign trade in Hungary?

• Tourism

• Manufacturing

• Agriculture

• Technology

What did the Hungarian government use to help farmers during the crisis?

• Cash payments

• Boletta tickets

• Food supplies

• Land grants

What was the main cause of the economic downturn after World War I?

• Underproduction

• Overproduction

• High taxes

• Low demand

Which industry increased production during the economic crisis?

• Electronics

• Construction

• Automobile

• Textile

What happened to the banking system in Hungary in 1931?

• It was nationalized

• It collapsed

• It expanded

• It was privatized

Who came to power in Germany in 1933?

• Stalin

• Hitler

• Mussolini

• Churchill

What was the purpose of the Győr armament program announced in 1938?

• Banking reform

• Agricultural reform

• Military buildup

• Infrastructure development

What was the economic situation in Hungary before World War II?

• Uncertain

• Stable

• Booming

• Declining

What was the main agricultural product exported by Hungary before the crisis?

• Corn

• Rice

• Wheat

• Soybeans