20th Century Global Conflicts
In relation to the Global Economic Crisis, how might an audience limit the use(s) of a source?
By refusing to read it
By not understanding the historical context
By interpreting information based on personal experiences or preconceived notions
By rewriting history for their own agenda
What was the primary impetus behind John Maynard Keynes's advocacy for state intervention in his economic treatise "The General Theory of Employment, Interest, and Money" written during the Great Depression?
He wanted to advocate for laissez-faire economics in response to socialist tendencies.
His aim was promoting economic protectionism for Britain against foreign competition.
He sought to advance imperialist agendas of Britain due to World War I debts.
He wanted to alleviate mass unemployment resulting from a global economic crisis.
What was a significant socio-political consequence in Europe due to the global economic crisis?
Emergence of democratic governments
Increased monarchies
Rise of fascist and totalitarian regimes
Expansion of colonial rule
Which event largely contributed to the global economic crisis across Europe after World War I?
Formation of NATO
Signing of Treaty Versailles
Assassination of Archduke Franz Ferdinand
The Stock Market Crash of 1929
In what way did Keynesian economics reflect broader shifts in scientific and mathematical thinking during its formulation after the Great Depression?
Its adherence to laissez-faire principles was akin to deterministic models prevalent in natural sciences at that time.
By applying empirical methods to economics, it mirrored contemporary shifts towards data-driven approaches across disciplines.
The theory’s focus on equilibrium aligned with static systems analysis popular among mathematicians then.
Emphasis on utility maximization paralleled ethical egoism ascending within moral philosophy circles concurrently.
What factor primarily led to rise of fascist regimes in Europe during global economic crisis?
Influence of foreign investors seeking stability for investments.
Widespread social unrest and dissatisfaction with democratic governments inability to resolve economic problems.
A sudden surge in popularity for extremist ideologies among population.
Direct Intervention by existing Fascist powers such as Italy or Germany.
Which country did NOT become dependent on the US economy after World War 1?
Spain
Germany
Italy
Russia

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Which development most directly contributed to Germany’s deepening economic problems during the early years of the Great Depression?
The withdrawal of American loans following the Stock Market Crash of October 1929
The sudden influx of gold reserves that led to rampant inflation
The extensive military spending required by reparations from World War I
The implementation of socialist policies that discouraged private investment
Which socioeconomic group was most bear the brunt of economic collapse during the Global Economic crisis in Europe?
Land-owning aristocracy
The clergy
The bourgeoisie class
Working-class individuals
What role did protectionism play in Europe’s response to the economic crisis of the 1930s?
It created a surge in inward investments as tariffs encouraged domestic production and employment
It stabilized national currencies by minimizing foreign exchange volatility and restoring investor confidence
It contributed to a decline in international trade, exacerbating the economic downturn for all countries involved
It lowered prices on imported goods, leading to increased consumption and an economic recovery