Economics P3 Flashcards
Changes in Italy’s wartime production were reported by what two economists?
Galassi and Harrison
In Italy, what firm was almost solely responsible for the spike in automobile manufacturing?
FIAT
Russia’s economy before WWI was considered to be what?
Backwards
What was Russia’s per capita income at the start of WWI compared to the United States?
11-30% of US Levels
How much of Russia’s annual income went to war production?
24%
Russia struggled immensely during the War because of the nations failure to do what?
Allocate Resources Efficently
What 2 economic advantages did Russia have at the start of WWI?
Enormous Population
Great Agriculture Production Capacity
The Lusitania was traveling from ___ to _____ when it was attacked.
New York to Liverpool
The Lusitania was attacked off the coast of what nation?
Ireland
How many Americans were killed on the Lusitania out of the 2000 people aboard?
159 Americans
The Germans originally thought the Sussex was what?
Mine-Laying Vessel
What kind of ship was the Sussex!
French Cross-Channel Ferry
How many Americans were injured on the Sussex?
25 Americans
