Question 1

Which major peace conference attempted to outlaw international war?

Accepted Answer

Paris Peace Act

Answer

Berlin Summit

Answer

Geneva Convention

Answer

Treaty of Versailles

Question 2

How did the United States become the financial center of the world after World War I?

Accepted Answer

European nations borrowed money from America

Answer

The US controlled most of the world's gold reserves

Answer

The US invested heavily in European economies

Answer

Foreign banks moved their headquarters to America

Question 3

Briefly describe the problems in Europe during the 1920s.

Accepted Answer

Europe was deep in debt with a shattered economy

Answer

Europe faced no major challenges during this time

Answer

Europe experienced a period of unprecedented growth

Answer

Europe achieved political stability and economic prosperity

Question 4

How was Germany involved in these problems?

Accepted Answer

The Allies tried to recuperate by relying on Germany’s reparations

Answer

Germany received significant financial aid from the Allies

Answer

Germany declared war on other European nations

Answer

Germany refused to pay any reparations

Question 5

Why was the prosperity of the Twenties unstable?

Accepted Answer

The economic boom was based on financial manipulation

Answer

Increased production led to sustainable growth

Answer

The stock market was regulated effectively

Answer

Government policies ensured long-term stability

Question 6

How did the practices of speculation and buying stock on margin set the stage for economic disaster?

Accepted Answer

It was financial gambling

Answer

They prevented market crashes

Answer

They provided stable investment opportunities

Answer

They encouraged responsible financial management

Question 7

Give the date when the stock market crashed.

Accepted Answer

October 29th, 1929

Answer

September 11th, 2001

Answer

November 11th, 1918

Answer

December 7th, 1941

Question 8

What is this day called?

Accepted Answer

Black Tuesday

Answer

Bloody Sunday

Answer

Red Friday

Answer

Grey Wednesday

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