10 Questions
Which event triggered the deepest recession since the Great Depression?
The Global Financial Crisis of 2007–2008
What is still in place in many cases since the Global Financial Crisis?
The programme of fiscal consolidation or austerity
Which country experienced upheaval and instability in its economy?
The emerging economies
When did the first issue of the Cambridge Journal of Regions, Economy and Society appear?
April 2008
What is the worst financial crisis since 1929 called?
The Global Financial Crisis of 2007–2008
Which of the following is true about the Global Financial Crisis of 2007–2008?
It was caused by flaws and failures in the financial system
What has been in place in many cases since the Global Financial Crisis?
A programme of fiscal consolidation
Which country experienced a debt crisis as a result of the Global Financial Crisis?
Europe
What is the Cambridge Journal of Regions, Economy and Society?
A journal that first appeared in 2008
Which economies experienced upheaval and instability?
Both advanced industrial economies and emerging economies
Study Notes
Global Financial Crisis
- The 2007-2008 Global Financial Crisis triggered the deepest recession since the Great Depression.
- The Global Financial Crisis is also known as the worst financial crisis since 1929.
Economic Instability
- Greece experienced a debt crisis as a result of the Global Financial Crisis.
- Many economies experienced upheaval and instability during this period.
Regulatory Measures
- Strict regulatory measures have been in place in many cases since the Global Financial Crisis.
Cambridge Journal of Regions, Economy and Society
- The Cambridge Journal of Regions, Economy and Society is a publication that focuses on regional economics and society.
- The first issue of the Cambridge Journal of Regions, Economy and Society was published in 2008.
Test your knowledge on the Global Financial Crisis of 2007-2008 and its impact on the global economy. Challenge yourself with questions about the causes, consequences, and policy responses to this influential event in economic history.
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