Question
Who were the two economists that served as air wardens at Cambridge College in World War II? Why can the first decade of the 20th
Who were the two economists that served as air wardens at Cambridge College in World War II?
Why can the first decade of the 20th century be considered the first era of globalization?
What event ended this period of globalization?
What event occurred in Russia in 1917?Who led this event?
What did John Maynard Keynes do during the war?What did he advise the victors to do at the Treaty of Versailles peace conference?
What was Keynes' main point in his book,"The Economic Consequences of the Peace"?
Why did Friedrich Hayekinitially favor socialism following the Great War?
Ludwig vonMises, the Austrian school of economics father, argued that socialism wouldn't work. Why did he believe that?
Meanwhile,what was happening to the economy in communist Russia?How did Lenin propose to fix the situation?What were the "commanding heights"of the economy,according to Lenin?
How did Josef Stalin change the economy of the Soviet Union?Was his plan successful?
How did Germany and Austria deal with the problem of paying for reparations for the war?What was the result?
How much did a glass of beer cost in Hitler's favorite beer Keller?
What drove the economic boom in the U.S. in the 1920s?What was a favorite stock?
What incident began the Great Depression?What caused the economy to continue to spiral downward?
What is meant by a "bank run"?
How did Franklin D.Roosevelt respond to the Great Depression?
How did regulation attempt to stabilize the airline industry?
How did John Maynard Keynes react to the Great Depression?What did he suggest that governments do when faced with depression, as he wrote in his book, "The General Theory of Employment, Interest, and Money"?
Who was John Kenneth Galbraith?What did he say regarding government debt during times of economic recession?
How was World War II a good example of how a planned economy would work?
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