The End of Bretton Woods (1971) Quiz

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The End of Bretton Woods (1971): a General level Economics quiz. Test your knowledge with 14 questions!
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Questions

Question 1
What was the Bretton Woods system?
A A space mission
B A soccer league
C A global currency system
D A type of forest management
Question 2
Which US President ended the gold standard in 1971?
A George Washington
B Ronald Reagan
C John F. Kennedy
D Richard Nixon
Question 3
What was the 'Nixon Shock'?
A A new law about taxes
B A sudden earthquake in DC
C A major bank heist
D Ending the convertibility of dollar to gold
Question 4
What was the currency tied to before 1971?
A Silver
B Oil
C Gold
D Bitcoin
Question 5
When did the Bretton Woods system collapse?
A 1971
B 1945
C 1999
D 2008

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