Global Economy Quiz

Global Economy Quiz

12th Grade

20 Qs

quiz-placeholder

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Global Economy Quiz

Global Economy Quiz

Assessment

Quiz

English

12th Grade

Practice Problem

Easy

Created by

Victor Mos

Used 1+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

How does the text define the global economy?

A single country’s financial system

A network of economic activity connecting countries

A system limited to trade agreements

A system controlled entirely by the IMF

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What made national economies more interdependent over time?

Natural disasters

Advances in transportation, communication, and technology

Decreased international trade

Political revolutions

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following shows the interconnectedness of the global economy?

Food prices in Indonesia affected by weather in Brazil

Local farmers selling products in village markets

A company hiring new employees

A school exchange program

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a financial crisis?

A sudden rise in employment

A collapse of confidence in financial institutions and rapid market decline

An increase in trade opportunities

A decision by governments to raise taxes

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one effect of the Great Depression of the 1930s?

It only affected the U.S. economy

It created global prosperity

It fueled political extremism and unemployment worldwide

It ended the global economy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What triggered the 2008 global financial crisis?

Climate change

Risky lending and collapse of the U.S. housing market

The rise of automation

Increased globalization

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did globalization intensify the 2008 financial crisis?

It limited trade

It isolated economies from each other

It spread the effects quickly across multiple regions

It stopped investment in the U.S.

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