In a free market society, businesses ask the government to make laws and policies regulating the economy.
Is this statement true or false?
Responses
true
true
false
false
false
The United States economy has operated successfully with very little government interference.
Is this statement true or false?
Responses
true
true
false
false
true
The 16th Amendment was instituted following the Great Depression to provide a safety net for people who lost their jobs, were older, ill, handicapped, injured, or otherwise unable to work.
Is this statement true or false?
Responses
true
true
false
false
Which United States President was the first to enact legislation monitoring and regulating corporations who were unfairly cooperating together to influence market forces?
Responses
Theodore Roosevelt
Theodore Roosevelt
Franklin Roosevelt
Franklin Roosevelt
Woodrow Wilson
Woodrow Wilson
Thomas Jefferson
Theodore Roosevelt
Which of the following had the greatest impact on the development of capitalism in the United States?
Responses
Industrial Revolution
Industrial Revolution
The New Deal
The New Deal
Great Depression
Great Depression
Trust-Busting legislation
Industrial Revolution
Which of the following statements best describes President Roosevelt's New Deal?
Responses
strict Regulations of Finance companies and Banks
strict Regulations of Finance companies and Banks
large government investment in failing companies
large government investment in failing companies
creation of Government Agencies set up to create new jobs through funded projects
creation of Government Agencies set up to create new jobs through funded projects
all of the above
all of the above
Which of the following phrases best reflects the nature of true free market capitalism?
Responses
government regulated
government regulated
supply and Demand
supply and Demand
laissez-faire
laissez-faire
all of the above
laissez-faire
Which of the following agencies were put into effect during the Great Depression in order to stimulate the economy?
Responses
TVA (Tennessee Valley Authority)
TVA (Tennessee Valley Authority)
CCC (Civilian Conservation Corp)
CCC (Civilian Conservation Corp)
WPA (Works Project Administration)
WPA (Works Project Administration)
all of the above
all of the above
all of the above
President Roosevelt initiated a series of legislative moves to influence the economy during the Great Depression known by what name?
Responses
The New Deal
The New Deal
Price fixing
Price fixing
Trust-busting
Trust-busting
Black Tuesda
The New Deal
Which phrase best describes the philosophy of a capitalist economy?
Responses
economy with an unchanging and constant structure
economy with an unchanging and constant structure
economy based on the social welfare of the people
economy based on the social welfare of the people
economy defined by the political structure of the nation
economy defined by the political structure of the nation
economy free of social, political or cultural restraints
economy free of social, political or cultural restraints
Which of the following names symbolizes the most traumatic stock market event in United States history, demonstrating the volatile capacity of capitalism?
Responses
Black Friday
Black Friday
Black Tuesday
Black Tuesday
The Great Depression
The Great Depression
The Great Recession
The Great Recession
Black Tuesday
Which of the following are examples of historic disadvantages of capitalism in America?
Responses
boom and bust periods of market fluctuations
boom and bust periods of market fluctuations
labor strife and union strikes
labor strife and union strikes
disparity in wealth distribution
disparity in wealth distribution
all of the above