What can the various economic recessions and depressions throughout United States history signal about capitalism?
a. Such cyclical economic conditions show that one major event does not mean capitalism is dead.
b. These hard economic times have strengthened the system of capitalism in the United States.
c. A history of several economic recessions and the Depression suggest capitalism is a volatile system needing reform.
d. Such economic hardships indicate that a socialist economic system would be far more successful.
Ans: a. Such cyclical economic conditions show that one major event does not mean capitalism is dead.
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Moses led the Hebrews out of Egypt
a. after the Babylonian captivity. b. at the start of the Diaspora. c. upon the death of Ramses. d. and into a period of wandering in the Sinai. e. after the Assyrian invasion.
In waging war against Japan, the United States relied mainly on a strategy of
a. heavy bombing from Chinese air bases. b. invading Japanese strongholds in Southeast Asia. c. fortifying China by transporting supplies from India over the Himalayan hump. d. island hopping across the South Pacific while bypassing Japanese strongholds. e. turning the Japanese flanks in New Guinea and Alaska.
What were the consequences of the repeal of the Sherman Silver Purchase Act?
What will be an ideal response?
To combat stagflation, the Carter administration used all of the following EXCEPT
A) deregulating private enterprise. B) imposing a wage-and-price freeze. C) restraining the growth of the money supply. D) raising interest rates.