Historical events, map skills and basic economic principles world history and Economics Flashcards

(28 cards)

1
Q

What year did the fall of the Berlin Wall occur?

A

1989

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2
Q

True or False: The Magna Carta was signed in 1215.

A

True

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3
Q

Fill in the blank: The _____ Revolution marked the transition from agrarian societies to industrialized ones.

A

Industrial

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4
Q

Which economic system is characterized by private ownership and the free market?

A

Capitalism

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5
Q

What is the capital city of France?

A

Paris

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6
Q

Which treaty ended World War I?

A

Treaty of Versailles

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7
Q

True or False: The Great Depression began in 1929.

A

True

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8
Q

What are the four main factors of production?

A

Land, Labor, Capital, and Entrepreneurship

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9
Q

Which event is commonly known as the beginning of the American Revolution?

A

The Boston Tea Party

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10
Q

Fill in the blank: The _____ Plan was a U.S. initiative to aid Western Europe after World War II.

A

Marshall

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11
Q

What is the primary purpose of a map’s legend?

A

To explain the symbols used on the map

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12
Q

Which economic principle describes the relationship between supply and demand?

A

Market Equilibrium

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13
Q

What year was the United Nations founded?

A

1945

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14
Q

True or False: The Cold War was primarily a conflict between the USA and the Soviet Union.

A

True

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15
Q

What is the term for the total value of all goods and services produced in a country in a year?

A

Gross Domestic Product (GDP)

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16
Q

Which continent is known as the birthplace of civilization?

17
Q

Fill in the blank: The _____ Age is characterized by the use of metal tools and weapons.

18
Q

What was the primary cause of the 2008 financial crisis?

A

The collapse of the housing market

19
Q

Which map projection is known for its accuracy in representing size but distorts shape?

A

Equal-Area Projection

20
Q

What is the economic principle that suggests that as the price of a good increases, the quantity supplied also increases?

A

Law of Supply

21
Q

Which historical figure is known for leading India’s non-violent resistance against British rule?

A

Mahatma Gandhi

22
Q

True or False: The Silk Road was a trade route that connected Asia to Europe.

23
Q

What is the term for a market structure with many firms competing against each other?

A

Perfect Competition

24
Q

What major event occurred on July 20, 1969?

A

The Apollo 11 Moon Landing

25
Fill in the blank: The _____ is a monthly report that measures inflation in the U.S.
Consumer Price Index (CPI)
26
What was the main purpose of the Marshall Plan?
To rebuild Europe after World War II
27
Which economic theory advocates for government intervention to stabilize the economy?
Keynesian Economics
28
What is the capital city of Japan?
Tokyo