Economic Ups & Downs in Canada Quiz

Economic Ups & Downs in Canada Quiz

10th Grade

10 Qs

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Economic Ups & Downs in Canada Quiz

Economic Ups & Downs in Canada Quiz

Assessment

Passage

History

10th Grade

Medium

Created by

Claire Piva

Used 1+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What is the Gross Domestic Product (GDP) a measure of?

Total value of goods and services produced in a country in a given year

Total population of a country

Total area of a country

Total number of industries in a country

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What is the GDP per capita used to measure?

A country's total production

A country's standard of living

A country's unemployment rate

A country's inflation rate

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What is productivity a measure of?

How much money is spent on goods and services

How many goods and services are produced

How many people are involved in the production of goods and services

How efficiently goods and services are produced

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

During the post-war period, from 1945 to 1970, which countries experienced good productivity growth?

Canada, Western Europe, Japan, and the U.S.

Canada and the U.S. only

Canada and Western Europe only

Western Europe and Japan only

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What caused the economic state known as 'stagflation' in the mid-1970s?

Weak growth and rising inflation

Strong growth and low inflation

Weak growth and low inflation

Strong growth and rising inflation

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What caused the decline in the Canadian economy in the early 1980s?

Low production of goods and services

Deep recession, high interest rates, unemployment, and inflation

Low investment in technology

Low demand for goods and services

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What led to the bursting of the 'dot com bubble' in the late 1990s?

Rapid decrease in the demand for technology goods

Rapid increase in the production of technology goods

Rapid rise in stock prices of technology companies

Rapid drop in stock prices of technology companies

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