Test 1 pt 1

Question 1

the great depression was between what years?

Answer 1

1929-1939

Question 2

What was the great depression?

Answer 2

a worldwide economic downturn.

It was the longest and most severe depression ever experienced by the industrialized western world.

Question 3

How the great depression affects people? (3)

Answer 3

decline in output
severe unemployment
Acute deflation

Question 4

what caused the great depression?

Answer 4

• the stock market crash OF 1939
• bank failures
• deflation
• income inequality
• CAPITALISM (Adam smith)

Question 5

how was the great depression solved?

Answer 5

America’s involvement in the 2nd world war resulting in the drifting of young men into military services; and the creation of millions of jobs in defense and war industries

Question 6

depression

Answer 6

a prolonged period of economic time (a very long recession)

Question 7

a period of economic expansion

Answer 7

Boom or upturn

Question 8

an economic contraction

Answer 8

Bum or downturn

Question 9

a recession

Answer 9

trough

Question 10

The Cold War was an ideological war between _________ and _______that lasted from _________ to ____

Answer 10

Capitalism and Communism

1917 to 1991

Question 11

the cold war

although the ______ and ______never directly confronted each other, they did equip and finance governments or rebel forces all over the world in an effort to protect/spread their ideology

Answer 11

US and Russia (USSR)

Question 12

The cold war

Wars broke out in _________, ________, _______and many other countries throughout the world as a result. Many central american refugees immigrated to _____ during that period, most settling in the villages near Belmopan.

Answer 12

Guatemala, Nicaragua, El Salvador

Belize