The Global Financial Crisis Quiz

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Questions and Answers

Which event triggered the deepest recession since the Great Depression?

  • The emergence of China as an economy
  • The imposition of fiscal consolidation
  • The debt crisis in Europe
  • The Global Financial Crisis of 2007–2008 (correct)

What is still in place in many cases since the Global Financial Crisis?

  • The debt crisis in Europe
  • The advanced industrial economies
  • The programme of fiscal consolidation or austerity (correct)
  • The emerging economies

Which country experienced upheaval and instability in its economy?

  • China
  • The emerging economies (correct)
  • The advanced industrial economies
  • Several states

When did the first issue of the Cambridge Journal of Regions, Economy and Society appear?

<p>April 2008 (B)</p> Signup and view all the answers

What is the worst financial crisis since 1929 called?

<p>The Global Financial Crisis of 2007–2008 (D)</p> Signup and view all the answers

Which of the following is true about the Global Financial Crisis of 2007–2008?

<p>It was caused by flaws and failures in the financial system (C)</p> Signup and view all the answers

What has been in place in many cases since the Global Financial Crisis?

<p>A programme of fiscal consolidation (B)</p> Signup and view all the answers

Which country experienced a debt crisis as a result of the Global Financial Crisis?

<p>Europe (A)</p> Signup and view all the answers

What is the Cambridge Journal of Regions, Economy and Society?

<p>A journal that first appeared in 2008 (B)</p> Signup and view all the answers

Which economies experienced upheaval and instability?

<p>Both advanced industrial economies and emerging economies (A)</p> Signup and view all the answers

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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.

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