Questions and Answers
During which period did the world enter an economic depression?
Interwar period
What is the definition of an economic boom?
Increased economic activity resulting in more profits
What is the definition of a free market?
A market with no government intervention
What were some benefits of the First World War for certain countries?
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What were some problems faced by other countries after the First World War?
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What was the main reason for the end of the economic depression during World War II?
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What did economies focus on after the First World War?
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What were some factors that contributed to the disruption of global trade and domestic economies during the First World War?
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What is the definition of an economic bust?
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What emerged as a new political and economic landscape after the Second World War?
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