In the Great Depression, most democratic governments followed the classical liberal remedy by lowering wages and raising tariffs.
Answer the following statement true (T) or false (F)
True
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The founder of the Achaemenid Persian Empire in 550 B.C.E. was:
a. Cyrus. b. Xerxes. c. Darius. d. Herodotus. e. Cambyses.
When and why did the Great Depression start?
a) It began in 1923 when Germany defaulted on its reparations. b) It began in 1935 when the WPA was established. C) It began in 1929 when the U.S. stock market crashed. d) It began in 1931 when Japan invaded Manchuria.
The Edmunds Act did which of the following?
A) banned Chinese immigration to the United States B) outlawed polygamy and appointed a federal commission to supervise elections in Utah C) resumed the coinage of silver D) established a merit system for federal job applicants
Which of these men developed the notion of laissez-faire?
A) Jean-Baptiste Colbert B) Jacques-Bénigne Bossuet C) Adam Smith D) Cardinal Richelieu