The Economy of Hungary: Checkpoint 1

Quick checkpoint - five questions on the economy of hungary.

Question 1 of 5 Which currency does Hungary use?

The euro The zloty The koruna The forint

It joined the EU in 2004.

Question 2 of 5 What happened in Hungary in 1946?

A currency union A stock market crash The worst hyperinflation ever recorded An oil boom

The forint replaced the pengő.

Question 3 of 5 What is 'goulash communism'?

Food rationing A milder, more consumer-friendly socialism A trade bloc A tax

Under János Kádár.

Question 4 of 5 Which Chinese firm is building a battery plant in Debrecen?

Samsung Tata Toyota CATL

BYD plans a factory in Szeged.

Question 5 of 5 Why were mortgages in Swiss francs risky?

A weaker forint raised repayments Swiss banks closed They were illegal Taxes doubled

It created a currency mismatch.

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