10 Questions
Which term refers to increased economic activity and more profits?
Economic boom
What does the term 'free market' mean?
No government in the market
What happened to the global economy during the interwar period?
Economic depression
What contributed to the end of the economic depression during World War II?
Wartime stimulation
What emerged after the Second World War?
New political and economic landscape
What were some benefits of the post-war period in some countries?
New powerful industry
What were some problems faced by other countries after the First World War?
Shortage of goods
What did some countries introduce to pay off war debt?
Income taxes
What factor contributed to the increase in production after the First World War?
New technologies
What economic challenge did Germany face after the First World War?
Reparations
Test your knowledge on the history of economies and economic theories in the 20th century. Explore areas of study such as the development and changes in economies over time, terms related to production and consumption, economic booms and busts, and more. Challenge yourself and enhance your understanding of this fascinating field.
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