What is a Potemkin village?
Q. What is a Potemkin village?- Published on 03 Oct 17a. False structure constructed to deceive observers into believing the situation is better than it is.
b. Fake money scheme masquerading as an investment goldmine
c. Another name for a Ponzi scheme
d. Both a and b
e. All the above
ANSWER: Both a and b
This refers to any kind of false structure built to deceive observers into believing that a situation is much better than it actually is.
The term has its origin in the fake villages that were constructed by Russian military leader Grigory Potyomkin in the 18th century.
In order to woo Empress Catherine the Great, Potyomkin arranged a show of prosperity during her inspection trip to Crimea in 1787 after the acquisition of new land in Crimea and other regions following Russia’s victory over the Ottoman empire.
He made the situation on the ground look better than it was by erecting replicas of pretty towns and fancy fireworks.
