How do economic crises today compare to the Panic of 1837?
A) The Panic of 1837 was caused by Andrew Jackson's laissez-faire policies; today politicians regulate commerce more, avoiding panics and recessions.
B) The Panic of 1837 was caused by international fluctuations; today panics and recessions are localized within regions and countries.
C) Like the Panic of 1837, panics and recessions today are caused by international fluctuations natural to a capitalistic economy.
D) Like the Panic of 1837, panics and recessions today are caused by tight governmental controls on commerce.
E) Like the Panic of 1837, panics and recessions today are the primary cause of presidents losing reelection campaigns.
Answer: C
You might also like to view...
The American invasion at Inchon during the Korean War
A. prompted President Truman to try to push communists out of North Korea. B. led to a fight between General Douglas MacArthur and President Harry Truman. C. was aimed at preventing Chinese communists from entering the war. D. was a military debacle. E. was ultimately thwarted due to the surprise intervention of the Chinese navy.
Of the following groups, which was most likely to be interned without any evidence that the individual posed a threat to the United States?
A) German Americans B) Italian Americans C) Chinese Americans D) Japanese American
The Contract with America was
A. the agenda proposed by Newt Gingrich and the Republican congressional leadership. B. President Clinton's cooperative program with the private sector to promote job growth. C. President Clinton's proposal to expand the size and scope of government. D. Congress' proposal to increase benefits to Americans, especially in Social Security benefits.
Republicans attempted to secure the votes of Civil War veterans by all of the following actions except
a. “waving the bloody shirt.” b. supporting pension bills. c. cooperating closely with the Grand Army of the Republic. d. recognizing the special problems of the South. e. none of these choices.