The John Keynes Trivia Bonanza

Reviewed by Editorial Team
The ProProfs editorial team is comprised of experienced subject matter experts. They've collectively created over 10,000 quizzes and lessons, serving over 100 million users. Our team includes in-house content moderators and subject matter experts, as well as a global network of rigorously trained contributors. All adhere to our comprehensive editorial guidelines, ensuring the delivery of high-quality content.
Learn about Our Editorial Process
| By Clonerg
C
Clonerg
Community Contributor
Quizzes Created: 1 | Total Attempts: 225
| Attempts: 225
Quiz Flashcard
SettingsSettings
Please wait...
  • 1/7 Questions
     Around 1936 there was an extremely high unemployment rate. What was this known as? - ProProfs

     Around 1936 there was an extremely high unemployment rate. What was this known as?

    • The Great General Decline
    • The Great Depression
    • Economic downside
    • World War Period
Please wait...
The John Keynes Trivia Bonanza - Quiz
About This Quiz

This trivia game is designed to provide students with a little insight about the life and work of John Maynard Keynes. Students are to select one (of the four) possible answers for each question. Students will be given 1 minute to complete the game, and the top score will receive a prize!

Quiz Preview

  • 2. 
    What was to happen as a result of 'deferred savings'? - ProProfs

    What was to happen as a result of 'deferred savings'?

    • War bonds would not be cashed after the war

    • The cash received would help stimulate citizens spending on goods

    • The cash received would help people lose their jobs

    • War bonds would be thrown away

    Correct Answer
    A. The cash received would help stimulate citizens spending on goods
    Explanation
    Deferred savings refers to the practice of individuals saving money during a specific period of time with the intention of spending it at a later date. In the context of war bonds, deferred savings would mean that the cash received from the bonds would be saved by citizens instead of being spent immediately. This would result in a decrease in citizens' spending on goods, as the money would be set aside for future use. Therefore, the correct answer is that the cash received would help stimulate citizens' spending on goods, as it implies that the money would be used for immediate consumption rather than being saved.

    Rate this question:

  • 3. 
    What Treaty did Keynes disagree with and why? - ProProfs

    What Treaty did Keynes disagree with and why?

    • Treaty of Versailles - he believed it would ruin Germany's economy

    • Treaty of Japan - he believed the Japanese would deceive them

    • Treaty of Versailles - he believed it would better Germany's economy

    • Treaty of Germany - he believed that Germany would be too powerful

    Correct Answer
    A. Treaty of Versailles - he believed it would ruin Germany's economy
    Explanation
    Keynes disagreed with the Treaty of Versailles because he believed it would ruin Germany's economy. The treaty imposed heavy reparations on Germany, which Keynes argued would lead to economic hardship and hinder the country's ability to recover. He believed that the harsh terms of the treaty would create economic instability and social unrest in Germany, ultimately undermining peace and stability in Europe.

    Rate this question:

  • 4. 
    Keynes states that the depression is a problem of which of the following? - ProProfs

    Keynes states that the depression is a problem of which of the following?

    • Helping the enemy too much

    • Not enough votes for woman's rights

    • Too much financing

    • Too little investing

    Correct Answer
    A. Too little investing
    Explanation
    Keynes argues that the depression is a problem of too little investing. He believes that during a depression, there is a lack of confidence and optimism among businesses and individuals, leading to a decrease in investment. This lack of investment further exacerbates the economic downturn as it reduces consumption, production, and employment. Keynes suggests that increasing investment through government intervention and stimulating aggregate demand can help revive the economy and overcome the depression.

    Rate this question:

  • 5. 
    In order for goods to be purchased and money to be circulated, Governments should take control of what? - ProProfs

    In order for goods to be purchased and money to be circulated, Governments should take control of what?

    • Money laundering

    • Interest rates

    • Unemployment rates

    • International communism

    Correct Answer
    A. Interest rates
    Explanation
    Governments should take control of interest rates in order for goods to be purchased and money to be circulated. Interest rates play a crucial role in influencing consumer spending and investment. By adjusting interest rates, governments can stimulate or restrict economic activity, which in turn affects the circulation of money in the economy.

    Rate this question:

  • 6. 
    John Keynes, inspired by his mother, supported the change in what? - ProProfs

    John Keynes, inspired by his mother, supported the change in what?

    • Rights for the homeless

    • Rights for African Americans

    • Woman's ability to vote

    • Global economy

    Correct Answer
    A. Woman's ability to vote
    Explanation
    John Keynes, influenced by his mother, advocated for the improvement of women's suffrage. He believed in the importance of granting women the right to vote, recognizing their equal capabilities and contributions in society. Keynes understood that empowering women politically was crucial for achieving social progress and equality.

    Rate this question:

  • 7. 
    Where was John Maynard Keynes Born? - ProProfs

    Where was John Maynard Keynes Born?

    • Cambridge University

    • London, England

    • Cambridge, England

    • London, Ontario

    Correct Answer
    A. Cambridge, England
    Explanation
    John Maynard Keynes was born in Cambridge, England.

    Rate this question:

Quiz Review Timeline (Updated): Mar 21, 2023 +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Mar 21, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Feb 10, 2010
    Quiz Created by
    Clonerg
Back to Top Back to top
Advertisement
×

Wait!
Here's an interesting quiz for you.

We have other quizzes matching your interest.