"[MULTIPLE-MSELECT] What factors encouraged an increase in agricultural production during the 19th century?Only the development of the transport infrastructure is referred to as a factor in the text.
{
=Railways
=Roads
=Canals
Fertilizers
Cheap immigrant labour
}"
"[MULTIPLE-MSELECT] Which historical period is mainly associated with rapid industrialization?After the Civil War had been won by the industrializing Northern states
{
1865-85
=1865-1914
1914-18
1940-50
1945-50
}"
"[MULTIPLE-MSELECT] How would you describe early economic activity in the US?Controls were few and wages usually very low.
{
Tightly controlled
=Unregulated
High wage economy
Highly restricted
=Profit driven
}"
"[MULTIPLE-MSELECT] Roughly when was the notion of an 8-hour day introduced?Under President Theodore Roosevelt
{
Late 1880
=Early 1900s
Mid 1920s
Late 1930s
Early 1950s
}"
"[MULTIPLE-MSELECT] Which American president is generally considered to have been the first to intervene massively in the running of the economy?With the New Deal in the 1930s
{
Theodore Roosevelt
William Taft
Woodrow Wilson
Herbert Hoover
=Franklin D. Roosevelt
}"
"[MULTIPLE-MSELECT] In which state was the 1944 Bretton Woods Conference held?Information in the text
{
Florida
Texas
New York
New Hampshire
=California
}"
"[MULTIPLE-MSELECT] What was this conference concerned with?
{
Job creation
Winding down the US war economy
The division of Europe after the war
=Monetary management
How to re-deploy the armed forces
}"
"[MULTIPLE-MSELECT] What is Adam Smith most associated with? The other issues did not arise until much later in American society.
{
=Free enterprise economies
Nationalization
Regional development
Unemployment
State intervention in the economy
}"
"[MULTIPLE-MSELECT] How did the US government react to the institutional financial failures of 2008? None of the other alternatives is remotely feasible.
{
It nationalized the US banking system
It encouraged failing institutions to petition for bankruptcy
It sought international loans
=It mounted a huge rescue operation
It closed the Stock Exchanges immediately
}"
"[MULTIPLE-MSELECT] Which group has the highest % of people living below the poverty line?Information in the text
{
Asians
=African Americans
Latinos
Whites
Native Americans
}"
"[MULTIPLE-MSELECT] What % of tax would a median income family pay in the US?Information in the text
{
0.15
0.2
=0.25
0.3
0.35
}"
"[MULTIPLE-MSELECT] How would you describe the US balance of trade with other countries?None of the other answers would be historically accurate.
{
In permanent surplus
Usually in surplus
Never in surplus
In deficit since 1920
= In deficit since 1980
}"
"[MULTIPLE-MSELECT] How does the Federal Reserve Bank try to promote economic growth?Information in the text
{
=By cutting interest rates
By increasing interest rates
By issuing more dollars
By distributing funds to other banks
By lending more money to the US Treasury
}"
"[MULTIPLE-MSELECT] In which year did the US unemployment rate rise to a high of 9.9%?Information from Table 10.3
{
2002
2005
2007
=2009
2012
}"