International Economic History

Description: This quiz will test your knowledge of International Economic History.
Number of Questions: 15
Created by:
Tags: international economics economic history
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When did the Industrial Revolution begin?

  1. 1750

  2. 1800

  3. 1850

  4. 1900


Correct Option: A
Explanation:

The Industrial Revolution began in the mid-18th century in Great Britain.

What was the main cause of the Industrial Revolution?

  1. The invention of the steam engine

  2. The development of new technologies

  3. The growth of population

  4. The expansion of trade


Correct Option: A
Explanation:

The invention of the steam engine in the 18th century was the main cause of the Industrial Revolution.

What were the main effects of the Industrial Revolution?

  1. Increased productivity

  2. Economic growth

  3. Urbanization

  4. Social inequality


Correct Option:
Explanation:

The Industrial Revolution led to increased productivity, economic growth, urbanization, and social inequality.

What was the first country to industrialize?

  1. Great Britain

  2. France

  3. Germany

  4. United States


Correct Option: A
Explanation:

Great Britain was the first country to industrialize in the mid-18th century.

What were the main factors that contributed to Great Britain's industrialization?

  1. Natural resources

  2. Capital

  3. Labor

  4. Technology


Correct Option:
Explanation:

Great Britain's industrialization was due to a combination of natural resources, capital, labor, and technology.

How did the Industrial Revolution affect the global economy?

  1. It led to increased trade

  2. It led to the development of new markets

  3. It led to the rise of imperialism

  4. All of the above


Correct Option: D
Explanation:

The Industrial Revolution led to increased trade, the development of new markets, and the rise of imperialism.

What was the main cause of the Great Depression?

  1. The stock market crash of 1929

  2. The collapse of the banking system

  3. The decline in consumer spending

  4. All of the above


Correct Option: D
Explanation:

The Great Depression was caused by a combination of the stock market crash of 1929, the collapse of the banking system, and the decline in consumer spending.

What were the main effects of the Great Depression?

  1. Widespread unemployment

  2. Economic decline

  3. Social unrest

  4. All of the above


Correct Option: D
Explanation:

The Great Depression led to widespread unemployment, economic decline, and social unrest.

How did the Great Depression end?

  1. The New Deal

  2. World War II

  3. The Marshall Plan

  4. All of the above


Correct Option: D
Explanation:

The Great Depression ended as a result of the New Deal, World War II, and the Marshall Plan.

What was the main cause of the Cold War?

  1. The ideological conflict between capitalism and communism

  2. The rivalry between the United States and the Soviet Union

  3. The division of Europe after World War II

  4. All of the above


Correct Option: D
Explanation:

The Cold War was caused by a combination of the ideological conflict between capitalism and communism, the rivalry between the United States and the Soviet Union, and the division of Europe after World War II.

What were the main effects of the Cold War?

  1. The arms race

  2. The space race

  3. The Korean War

  4. The Vietnam War


Correct Option:
Explanation:

The Cold War led to the arms race, the space race, the Korean War, and the Vietnam War.

How did the Cold War end?

  1. The collapse of the Soviet Union

  2. The fall of the Berlin Wall

  3. The end of the arms race

  4. All of the above


Correct Option: D
Explanation:

The Cold War ended as a result of the collapse of the Soviet Union, the fall of the Berlin Wall, and the end of the arms race.

What was the main cause of the Asian financial crisis of 1997?

  1. The collapse of the Thai baht

  2. The devaluation of the Chinese yuan

  3. The rise in interest rates in the United States

  4. All of the above


Correct Option: A
Explanation:

The Asian financial crisis of 1997 was caused by the collapse of the Thai baht.

What were the main effects of the Asian financial crisis of 1997?

  1. Widespread economic decline

  2. Social unrest

  3. Political instability

  4. All of the above


Correct Option: D
Explanation:

The Asian financial crisis of 1997 led to widespread economic decline, social unrest, and political instability.

How did the Asian financial crisis of 1997 end?

  1. The intervention of the International Monetary Fund

  2. The adoption of economic reforms

  3. The recovery of the Thai baht

  4. All of the above


Correct Option: D
Explanation:

The Asian financial crisis of 1997 ended as a result of the intervention of the International Monetary Fund, the adoption of economic reforms, and the recovery of the Thai baht.

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