Economic Development po letu 1945

What was the economic status of the capitalist West in the 1950s?

• Economically struggling

• Technologically advanced

• Politically unstable

• Culturally isolated

Which countries economically recovered in the 1950s?

• France and Czechoslovakia

• Canada and Australia

• Japan and Germany

• Spain and Portugal

What was the purpose of the Bretton Woods Conference in 1944?

• To promote cultural exchange

• To establish a new financial system

• To regulate trade tariffs

• To create a military alliance

What was the financial system based on after Bretton Woods?

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Which plan was implemented to aid European recovery after World War II?

• Truman Doctrine

• Green Revolution

• New Deal

• Marshall Plan

What was a significant outcome of the Marshall Plan?

• Economic miracle in Germany

• Cultural renaissance in France

• Political stability in Italy

• Military expansion in the UK

What economic phenomenon occurred in the 1960s?

• Gold standard

• Floating exchange rates

• Fixed exchange rates

• Barter economy

Which countries are referred to as the 'Asian Tigers'?

• Singapore, Hong Kong, Taiwan, South Korea

• Japan, China, India, Thailand

• Vietnam, Malaysia, Indonesia, Philippines

• Bangladesh, Nepal, Sri Lanka, Bhutan

What was a major cause of the economic downturn in 1973?

• Korean War

• Arab-Israeli War

• Cold War

• Vietnam War

What organization is associated with the oil crisis of 1973?

• OPEC

• WTO

• NATO

• IMF