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Economic and Political Events Quiz

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

What is market speculation?

a)

Avoiding stock market investments altogether

b)

Investing in the stock market with guaranteed profits

c)

Risky investment in the stock market in the hope of quick, high profits

d)

A safe investment strategy in the stock market

2.

What happened on Black Tuesday (October 29, 1929)?

a)

The stock market reached its highest point

b)

Millions of investors ordered their brokers to sell, but there were practically no buyers

c)

The government introduced new stock market regulations

d)

The stock market was closed for the day

3.

What was the Great Depression?

a)

A short-term economic downturn in the 1920s

b)

The economic crisis beginning with the stock market crash in 1929 and continuing through the 1930s

c)

A period of high inflation and increased trade

d)

A period of rapid economic growth

4.

What is inflation?

a)

A period of economic stagnation

b)

A general increase in prices and fall in the purchasing value of money

c)

A sudden drop in stock market prices

d)

A decrease in prices and increase in the purchasing value of money

5.

What characterizes a depression?

a)

High levels of trade and investment

b)

A temporary economic slowdown

c)

A long-term economic state with unemployment, low prices, and low levels of trade and investment

d)

Rapid economic growth and development

6.

What are tariffs?

a)

Fees for stock market transactions

b)

Taxes on imported goods

c)

Subsidies for local businesses

d)

Taxes on exported goods

7.

What was the Weimar Republic?

a)

A monarchy established in Germany after World War I

b)

A democratic government established in Germany after World War I

c)

A communist regime in Germany during the 1920s

d)

A military dictatorship in Germany after World War I

8.

Why did the Weimar Republic lose public support by the late 1920s?

a)

Due to rampant inflation

b)

Due to military victories

c)

Due to increased trade

d)

Due to economic prosperity

9.

What did Hitler and the Nazi party claim about Germany's loss in World War I?

a)

Germany lost due to poor military strategy

b)

Germany lost on the home front, not on the battlefield

c)

Germany lost due to lack of resources

d)

Germany lost because of international alliances

10.

What was the Popular Front in France known for?

a)

Starting World War II

b)

Promoting free trade policies

c)

Initiating a program of workers' rights

d)

Ending the Great Depression

11.

What is collective bargaining?

a)

Negotiation of wages and conditions by an organized body of employees

b)

A government policy to regulate trade

c)

A method of increasing inflation

d)

A strategy for stock market investment

12.

What is deficit spending?

a)

Government practice of spending less than it takes in from taxes

b)

Government practice of spending more than it takes in from taxes

c)

A method to reduce inflation

d)

A strategy to increase trade

13.

When did Hitler come to power in Germany?

a)

1929

b)

1932

c)

1933

d)

1919

14.

What contributed to the loss of public support for the Weimar Republic?

a)

Military victories

b)

Increased trade

c)

Rampant inflation

d)

Economic prosperity

15.

What was the primary goal of the Popular Front in France?

a)

To initiate a program of workers' rights

b)

To end the Great Depression

c)

To promote free trade policies

d)

To start World War II