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During World War II, _______ percent of our nation's output was devoted to the war effort.

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Among the key ingredients that propelled the American economy to emerge as the leading industrial power by the beginning of World War I were


A) technological talent.
B) the world's first universal public education system.
C) a large agricultural surplus.
D) entrepreneurial abilities of great industrialists.
E) all of the choices are true.

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The two economic conflicts between the North and the South that led to the Civil War were (1) _________________ and (2) _______________.

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the high protective ...

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For most of the 19th century in the American West, there was


A) an abundance of labor relative to land.
B) abundance of land relative to labor.
C) an abundance of both labor and land.
D) a scarcity of both labor and land.

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Which statement is true?


A) There were no recessions during the 1980s.
B) The 1920s was not a prosperous decade.
C) The federal government played a significant role during Dwight Eisenhower's presidency.
D) The longest recession since World War II began in 1990.

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Each of the following was an effect of cheap or free land during the 19th century except


A) a high marriage rate.
B) a high birth rate.
C) a high rate of immigration.
D) a rapid rate of technological development.
E) a high rate of migration from the farms to the cities.

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Who said the nation was "ill-fed, ill-clothed, and ill-housed?"


A) Herbert Hoover
B) Franklin D.Roosevelt
C) Lyndon B.Johnson
D) Jimmy Carter
E) Ronald Reagan

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Which statement is true?


A) In 1900 most Americans still lived on farms.
B) Except for the stock market, most of our economy was depressed in the 1920s.
C) There was a depression within three years after World War I.
D) None of the statements are true.

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The Great Depression began in


A) the second half of 1929.
B) the middle of 1930.
C) early 1932.
D) march 1933.
E) may 1937.

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During George W. Bush's presidency


A) the job market was quite robust.
B) our federal budget deficit hit a record high.
C) the federal budget surpluses in the last years of the Clinton presidency continued.
D) we experienced a very high inflation rate.

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The creation of the dust bowl and the migration of the "Okies" to California took place in the


A) 1920s.
B) 1930s.
C) 1940s.
D) 1950s.
E) 1960s.

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The housing developments that were made up of identical, prefabricated houses, quickly built after World War II to meet the high demand for housing were produced by ______________.

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William Le...

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Which statement is true?


A) More than any other region in the nation, the South prospered the most in the years following the Civil War.
B) The transcontinental railroads that were completed in the 1860s, 1870s, and 1880s, all bypassed the South.
C) Before the Civil War most of the nation's large farms were located in the North.
D) None of the choices are true.

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Which statement best compares our economic condition in 1933 and today?


A) We were much better off in 1933.
B) We are much better off today.
C) Economic conditions were about the same.

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In the 1970s we had _____ recessions and in the 1980s we had _____ recessions.

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Highway and home construction had a boom from


A) 1925-1940.
B) 1935-1950.
C) 1945-1960.
D) 1965-1980.
E) 1975-1990.

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The United States experienced a depression in which of the following decades?


A) The 1920s
B) The 1940s
C) The 1950s
D) The 1970s

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The second half of the 1940s was a period of


A) recession.
B) no economic growth.
C) very slow economic growth.
D) fairly high economic growth.

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Each of the following took place in the latter half of the 1990s except


A) a falling rate of inflation.
B) a rising stock market.
C) an economic boom.
D) a rising unemployment rate.

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The low point of the Great Depression was reached in the year


A) 1929.
B) 1931.
C) 1933.
D) 1935.
E) 1937.

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