France Was Similar to Germany in That

question 107

Multiple Choice

France was similar to Germany in that

• A) eastern France suffered from high unemployment while western France and Paris prospered due to tourism.
• B) the French secret police, the equivalent to East Germany's Stasi , had become corrupt, blackmailing politicians and businessmen.
• C) the political center was threatened by an extremist political party, the Greens.
• D) resentment against foreigners, particularly Muslims from North Africa, led to an anti-immigrant movement headed by Jean-Marie Le Pen and his National Front.
• E) the confusion and chaos of the time led to political instability, and in France it led to the collapse of the Fifth Republic.

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Definitions:

Commodity Money

Currency that possesses inherent worth and serves functions beyond simply facilitating trade, like gold or silver.

Monetary Policy

The process by which a central bank controls the supply of money in an economy, primarily through interest rates, to maintain price stability and achieve high employment.

100-Percent-Reserve Banking

A banking system where banks are required to keep the full amount of each depositor's funds in reserve, meaning they cannot lend out any of the money deposited.

Fractional Reserve Economy

An economic system where banks hold a portion of customers' deposits in reserve and lend out the remainder, thus creating money.