Quiz for Document 26-3: John Maynard Keynes, The Economic Consequences of the Peace (1920)

1. Document Link

   According to Keynes, what did the victorious Allies fail to do in 1919?

   A.

   Settle the question of responsibility for the war

   B.

   Define new political boundaries

   C.

   Take steps to secure Europe’s economic future

   D.

   Settle the issue of the reorganization of overseas colonies

   According to Keynes, what did the victorious Allies fail to do in 1919?

2. Document Link

   What did Keynes foresee about the immediate future of Europe in 1920?

   A.

   It would be determined by forces outside of man’s control and its outcome could not be predicted.

   B.

   Europe would rise quickly out of the ashes of war and become more powerful than before.

   C.

   The continent’s economy would improve only if all debts between countries were erased.

   D.

   The central empires would play an important role in reviving the faltering economy.

   What did Keynes foresee about the immediate future of Europe in 1920?

3. Document Link

   What did Keynes claim was the outcome of the previous five years of upheaval?

   A.

   People were successful in putting the past behind them.

   B.

   Citizens of all countries began living in peace and solidarity.

   C.

   The global economic climate was better than previously believed.

   D.

   People were unable to look past their own immediate well-being.

   What did Keynes claim was the outcome of the previous five years of upheaval?