Log inSign up

AP European History Flashcards: Global Economic Crisis

Study Global Economic Crisis in AP European History with focused flashcards that help you recognize the idea, recall the key rule, and apply it in practice-style prompts.

QUESTION

What economic phenomenon involves a general decline in prices, often leading to reduced consumer spending?

Tap card or press Space to flip

ANSWER

Deflation. Falling prices reduce business profits and employment.

1 / 29

AP European History: 20th-Century Global Conflicts

You are hereGlobal Economic Crisis29 cards

All flashcards

29 cards

What this deck covers

This deck focuses on Global Economic Crisis, giving you a quick way to review the definitions, rules, and examples that matter most for AP European History.

How to use these flashcards

Work through these flashcards in short sessions. Try to answer each prompt before flipping the card, then revisit any cards you miss until the explanation feels automatic.

Practice questions

1 of 50Practice questions for this set
A historian writing about the Great Depression in Europe argues that the gold standard acted as a "policy straitjacket": governments prioritized maintaining fixed exchange rates and balanced budgets, which encouraged austerity and high interest rates even as unemployment soared. The excerpt adds that countries leaving gold earlier could devalue, stimulate exports, and recover sooner. Which development best supports the author's claim about the effects of abandoning the gold standard?
Choose an answer

Keep your progress across every deck

Free account · cards you mark are saved to it