Unit 7.3

What is deficit spending?

• The government is spending money they do not have to stimulate the economy.

• The government acquires a loan from an allied country that is interest free.

• The government gives an interest free loan to another country.

• The government spends money that is in savings in an effort to stimulate the economy.

What time period does the Interwar Years cover?

• The time between WWI and WWII.

• The time leading up to WWI

• The time after WWII

When Germany printed money what did it cause in their countries economy?

• Hyperinflation

• A time of Government prosperity

• A rise in the German Stock Market

• Debt Reduction

Who in India led the 'Homespun Movement' encouraging India to break away from Britain.

Remember they were a colony of Britain.

• Mohandas Gandhi

• Stalin

• Hitler

• Benito Mussolini

While some didn't trust Communism, and others felt Democracy was weak, what form of government was created?

• Fascism

• Communism

• New Economic Plan

• Homespun Movement