Podcast
Questions and Answers
Which term refers to increased economic activity and more profits?
Which term refers to increased economic activity and more profits?
- Market
- Economic boom (correct)
- Economic bust
- Free market
What does the term 'free market' mean?
What does the term 'free market' mean?
- No buyers and sellers in the market
- No government in the market (correct)
- Government controlling buyers and sellers
- Government controlling the market
What was the impact of the First World War on global trade and domestic economies?
What was the impact of the First World War on global trade and domestic economies?
- Expanded international trade
- Increased domestic production
- Disrupted the normal flow of global trade and domestic economies (correct)
- Stimulated global economy
What were some problems faced by countries after the First World War?
What were some problems faced by countries after the First World War?
What were some benefits experienced by some countries after the First World War?
What were some benefits experienced by some countries after the First World War?
Which term describes a period of increased economic activity and more profits?
Which term describes a period of increased economic activity and more profits?
What does the term 'free market' mean?
What does the term 'free market' mean?
What was the impact of the First World War on global trade and domestic economies?
What was the impact of the First World War on global trade and domestic economies?
What was the new political and economic landscape that emerged after the Second World War called?
What was the new political and economic landscape that emerged after the Second World War called?
What were some problems faced by countries after the First World War?
What were some problems faced by countries after the First World War?
What were some benefits experienced by some countries after the First World War?
What were some benefits experienced by some countries after the First World War?
What term describes a period of decreased economic activity and less profits?
What term describes a period of decreased economic activity and less profits?
What did economies have to do after the First World War in order to rebuild?
What did economies have to do after the First World War in order to rebuild?
What term refers to costs paid by the losing side in a war?
What term refers to costs paid by the losing side in a war?
What term refers to the measure of the production and consumption of goods and services in an economy?
What term refers to the measure of the production and consumption of goods and services in an economy?
