The Great Spud Scam of 1986

What was the primary reason for North Dakota's involvement in the great spud scam of 1986?

• To expand its oil industry

• To find new markets for its agricultural products

• To improve its tourism sector

• To develop its mineral resources

What was one of the main causes of the American farm crisis in the 1980s?

• A decrease in oil prices

• A surplus of agricultural products

• The Soviet Union's invasion of Afghanistan

• A decline in global food demand

What was the Nonpartisan League's significant contribution to North Dakota?

• Developing the tourism industry

• Building a new state capital

• Establishing the Bank of North Dakota

• Creating a new state constitution

What was the goal of the Caribbean Basin Initiative?

• To create a free trade zone in North America

• To facilitate economic development and export diversification

• To promote tourism in the Caribbean

• To establish military bases in the Caribbean

Which of the following crops is North Dakota NOT a leading producer of?

• Flax seed

• Sunflowers

• Dry edible beans

• Rice

Who was the middleman in the potato deal with Honduras?

• Kent Jones

• William Mesner

• Gabriel Neth

• Nick Spaith

What was the outcome of the potato deal for North Dakota?

• It resulted in significant profits

• It led to a successful long-term partnership

• It caused financial embarrassment

• It improved the state's agricultural reputation

What was the role of the Bank of North Dakota in the potato deal?

• It negotiated the deal with Honduras

• It managed the logistics of the shipment

• It issued a promissory note for financing

• It provided technical assistance

What was William Mesner's financial status during the potato deal?

• He was a government official

• He was financially stable

• He was insolvent

• He was a wealthy investor

What was the final financial impact of the potato deal on the Bank of North Dakota?

• A gain of $200,000

• A profit of $100,000

• A loss of $50,000

• No financial impact