Lecture 7

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By AmusingSwamp

Quiz

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15 Questions

Which phenomenon refers back to the Middle Ages?

What is the main factor that contributes to the growing inequality according to the text?

Who were the most affected by the 2008 financial crisis and Covid?

During the post-war period, the European Recovery Program, also known as the Marshall Plan, aimed to

What was the main political consequence of the economic crisis in Europe after World War II?

Which country saw the greatest change in terms of the creation of a welfare state after World War II?

Which event contributed to the emergence of a new economy beyond luxury goods?

What was one of the consequences of the oil crisis in 1973?

Which event marked the end of the Bretton Woods agreement and the introduction of the floating dollar?

Which event led to reduced growth and inflation in Western Europe during the 1970s?

What was the impact of the 1970s crisis on unemployment in Germany?

What challenge did the welfare state face during the 1970s crisis?

Which economic concept became dominant since the 1980s, emphasizing supply rather than demand?

What was the central role of monetary policy in neoliberalism?

What contributed to the growth of hedge funds and securitization of credits?

Description

Quiz: Explaining Unprecedented Economic Growth in Western Europe Test your knowledge on the unparalleled economic growth experienced by Western Europe between 1950 and 1975. Explore the factors that contributed to this growth, including the liberalization of trade through initiatives like the Bretton Woods Agreement and the Marshall Plan. Learn about different theoretical explanations, such as Janossy's notion of long-term growth and Kondratiev's theory of cyclic waves. Discover how structural ruptures in the economy led to new

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