Economics P3 Flashcards

0
Q

Changes in Italy’s wartime production were reported by what two economists?

A

Galassi and Harrison

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1
Q

In Italy, what firm was almost solely responsible for the spike in automobile manufacturing?

A

FIAT

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2
Q

Russia’s economy before WWI was considered to be what?

A

Backwards

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3
Q

What was Russia’s per capita income at the start of WWI compared to the United States?

A

11-30% of US Levels

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4
Q

How much of Russia’s annual income went to war production?

A

24%

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5
Q

Russia struggled immensely during the War because of the nations failure to do what?

A

Allocate Resources Efficently

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6
Q

What 2 economic advantages did Russia have at the start of WWI?

A

Enormous Population

Great Agriculture Production Capacity

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7
Q

The Lusitania was traveling from ___ to _____ when it was attacked.

A

New York to Liverpool

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8
Q

The Lusitania was attacked off the coast of what nation?

A

Ireland

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9
Q

How many Americans were killed on the Lusitania out of the 2000 people aboard?

A

159 Americans

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10
Q

The Germans originally thought the Sussex was what?

A

Mine-Laying Vessel

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11
Q

What kind of ship was the Sussex!

A

French Cross-Channel Ferry

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12
Q

How many Americans were injured on the Sussex?

A

25 Americans

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