Which of the following is associated with The General Theory of Employment by John Maynard Keynes?
A) A well run capitalistic system does not produce unemployment.
B) Nationalization of industry is the only way to stop a major economic downturn.
C) An active government role in managing capitalistic economies would preserve democracy and capitalism.
D) Authoritarian systems are more capable in handling economic problems.
E) Private initiative will be destroyed by government actions in the economy.
Ans: C
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The Italian Confederation a. failed to prevent internecine wars within the peninsula
b. was unable to suppress internal revolutions within city-states. c. was a source of contention because the Romans did not grant all Italians a share of the plunder of wars of conquest. d. protected the Italians from barbarian invaders from the north. e. none of the above
Andrew Jackson's vice president, ____________, resigned after Jackson supported the Tariff of 1832.
Fill in the blank(s) with the appropriate word(s).
In 1954, Chief Justice Earl Warren, speaking for the Supreme Court, said that
a. separate educational systems were legal if they were truly equal. b. Senate Joseph McCarthy deserved censure for his attack on the United States Army. c. mandatory bussing was unconstitutional. d. separate educational facilities were inherently unequal. e. Martin Luther King's March on Washington was constitutionally protected.
In the wake of skyrocketing oil prices, the United States experienced __________________.
A. rising unemployment accompanied by a serious inflationary spiral B. stable employment but soaring inflation that reduced buying power C. stability in the cost of living but near-depression levels of unemployment D. a reduction in unemployment accompanied by double-digit inflation