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Econ section 4

Total questions: 50

Worksheet time: 26mins

Name
Class
Date
1.

What kind of economy describes the soviet union

a)

market based economy

b)

command economy

c)

homestead economy

d)

maximum output economy

2.

What kind of economy describes the united states

a)

market based economy

b)

command economy

c)

homestead economy

d)

maximum output economy

3.

Which ideology vowed to stop the spread of communism?

a)

Roosevelt Doctrine

b)

Truman Doctrine

c)

Jay's treaty

d)

Marshall plan

4.

Economist Barry Eichengreen stated what about post war western Europe?

a)

It had only 34% of the production made in 1938

b)

The production numbers were artificially lowered

c)

Removing Germany from the equation would show that 1947 production actually was 5% higher than 1938

d)

Europe would have been fine without American aid

5.

The marshall plan contributed what percent of the GNP of recipient countries?

a)

3%

b)

2.5%

c)

5%

d)

10%

6.

What was the basic principle of the Bretton woods system?

a)

Establish the Euro

b)

Make the dollar the primary currency

c)

set the price of gold to $25 per ounce

7.

When was the GATT signed?

a)

1945

b)

1947

c)

1948

d)

1949

8.

When was NATO established?

a)

1947

b)

1948

c)

1949

d)

1950

9.

What was American GNP in 1964

a)

525 Billion

b)

569 Billion

c)

700 Billion

d)

2 Trillion

10.

Which country spent the most on its defense.

a)

Britian

b)

Germany

c)

France

d)

USA

11.

Per Capita consumption had decreased to what by 1949 in East Germany?

a)

69%

b)

30%

c)

67%

d)

59%

12.

What was the official East Germany growth rate from 1950 to 1989

a)

3.77%

b)

8%

c)

5.62%

d)

7.23%

13.

What was the plausible East Germany growth rate from 1950 to 1989

a)

3.77%

b)

8%

c)

5.62%

d)

7.23%

14.

How many jobs were created by the defense spending at the beginning of the reagan administration?

a)

60,000

b)

52,000

c)

35,000

d)

1,000,000

15.

The aerospace industry employed how many people in the Reagan administration

a)

300,000

b)

65,000

c)

550,000

d)

200,000

16.

When was the first successful soviet atomic bomb test?

a)

September 1949

b)

August 1949

c)

December 1949

d)

January 1950

17.

What percent of GDP was spent on Defense in the US from 1946-1949?

a)

5%

b)

6%

c)

7%

d)

8%

18.

Which of the following is true?

a)

Defense spending rose to 14% during Korean war

b)

Defense Spending fell by 14% during Korean war

c)

Defense spending rose by 7.2% during Vietnam war

d)

Defense spending fell to 7.2% during vietnam war

19.

What percent of GDP did the Soviet Union spend on defense in 1987

a)

14.5%

b)

13.6%

c)

16.6%

d)

18.9%

20.

What was the response to the soviet union constructing the ABM at moscow?

a)

Johnson proposed SALT 1

b)

Johnson proposed SALT 2

c)

Nixon and Brezhnev made an ABM treaty

21.

What did the first salt treaty not restrict the use of?

a)

MIRV

b)

REVP

c)

YTPW

d)

ZERN

22.

Why was SALT 2 cast out?

a)

Korean War

b)

Vietnam War

c)

Soviet invasion of Afghanistan

d)

construction of Berlin wall

23.

What happened to the salt 2 treaty?

a)

It was never ratified

b)

It was followed through voluntarily

c)

It was ignored

d)

It was ratified in 1989

24.

What was the estimated per capita consumption levels of the soviets compared to the united states?

a)

1/4

b)

1/3

c)

1/5

d)

1/6

25.

what was a result of soviet centralized

a)

surplus of goods

b)

shortage of goods

c)

higher GDP than USA

d)

more buyers than USA

26.

By the mid 80's what percentage of US industrial output was the Soviet making.

a)

60%

b)

70%

c)

80%

d)

90%

27.

How much did the korean war cost the US?

a)

10 Billion

b)

20 billion

c)

30 billion

d)

40 billion

28.

How many Americans died in the vietnam war?

a)

53,600

b)

60,000

c)

55,000

d)

70,000

29.

How many vietnamese died in the vietnam war?

a)

1,000,000

b)

500,000

c)

750,000

d)

800,000

30.

How many soviets died in Afghanistan?

a)

13,330

b)

13,320

c)

13,310

d)

13,300

31.

What was a result of the reagan administration?

a)

tax cuts

b)

federal budget deficit rose

c)

greater defense spending

32.

When did Gorbachev become General Secratary?

a)

1982

b)

1983

c)

1984

d)

1985

33.

How much was the estimated cost of military purchases from 1948 to 1989

a)

5 trillion

b)

6 trillion

c)

7 trillion

d)

8 trillion

34.

How many Americans were predicted to have died by the proxy wars?

a)

100,000

b)

200,000

c)

300,000

d)

400,000

35.

When was Gorbachev forced out of power?

a)

1989

b)

1990

c)

1991

d)

1992

36.

when did the berlin wall fall?

a)

1989

b)

1990

c)

1991

d)

1992

37.

How many Afghan citizens died in its conflict?

a)

1 million

b)

2 million

c)

3 million

d)

4 million

38.

A harsh winter in 1947 led to what?

a)

coal shortages

b)

harvest failures

c)

Increased impact from marshall plan

d)

increased aid from US

39.

When was the CMEA established

a)

1948

b)

1949

c)

1950

d)

1951

40.

How much money did the marshall plan supply?

a)

12 billion

b)

13 billion

c)

14 billion

d)

15 billion

41.

When did Roosevelt Die?

a)

January 1945

b)

february 1945

c)

march 1945

d)

april 1945

42.

When was the Warsaw Pact established?

a)

February 1955

b)

March 1955

c)

April 1955

d)

May 1955

43.

What shapes the economic history of east germany?

a)

perestroika

b)

glasnost

c)

berlin wall

d)

marshall plan

44.

When did germany surrender?

a)

May 6 1945

b)

may 7 1945

c)

may 8 1945

d)

may 9 1945

45.

Which leader was removed from power in the bolshevik revolution?

a)

Tsar Nicholas

b)

Tsar Alexander

c)

Tsar Sergey

d)

Tsar Ivan

46.

How many countries are in GATT?

a)

158

b)

159

c)

160

d)

161

47.

True/False: The parts of East Germany from today's Germany suffer economic deficiencies.

a)

True

b)

False

48.

When did Eisenhower give his "chance for peace" speech?

a)

1952

b)

1953

c)

1954

d)

1955

49.

when did the kitchen debate between Nixon and Khruschev take place?

a)

1958

b)

1959

c)

1960

d)

1969

50.

when was salt 2 signed?

a)

June 1979

b)

July 1979

c)

August 1979

d)

September 1979