What was a key factor in Iceland's financial crisis?

Iceland's Financial Crisis and Recovery

Interactive Video
•
Social Studies, History, Business
•
10th Grade - University
•
Hard

Lucas Foster
FREE Resource
Read more
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Stable financial policies
Strong economic growth
Increased regulation of the financial sector
Deregulation of the financial sector
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What unexpected events occurred in Iceland due to the financial crisis?
Economic boom
Peaceful protests
Increased tourism
Riots and demonstrations
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did Iceland respond to the financial crisis differently than other countries?
By increasing taxes
By letting banks go bankrupt
By introducing austerity measures
By saving the banks
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the reaction of European governments to Iceland's handling of a bank's failure?
They offered financial aid
They ignored the situation
They pressured Iceland to take responsibility
They supported Iceland's decision
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a unique aspect of Iceland's response to the financial crisis?
Nationalizing all banks
Cutting public spending
Increasing interest rates
Holding referendums on financial matters
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a significant outcome of Iceland's policy decisions during the crisis?
Decreased tourism
Increased unemployment
Economic recovery and growth
Higher inflation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What sector in Iceland showed significant improvement post-crisis?
Mining
Agriculture
Tourism
Manufacturing
Create a free account and access millions of resources
Similar Resources on Wayground
7 questions
Understanding Financial Bubbles and Crises

Interactive video
•
10th - 12th Grade
6 questions
VOICED: Copper regains shine in DRC

Interactive video
•
10th Grade - University
6 questions
A look back at the 2008 financial crisis

Interactive video
•
10th Grade - University
8 questions
CLEAN : China-backed boondoggles testament to Sri Lanka's mismanagement

Interactive video
•
10th Grade - University
6 questions
CLEAN : IMF chief says world better prepared for this crisis

Interactive video
•
10th Grade - University
6 questions
VOICED : Iceland centre right opposition poised

Interactive video
•
10th Grade - University
11 questions
Understanding Climate Change and Political Dynamics

Interactive video
•
10th Grade - University
10 questions
Understanding Economic Systems and Financial Crises

Interactive video
•
10th Grade - University
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade