37. Unit 8-1: Pre-Depression Economics Question Preview (ID: 51305)


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When you invest in a business, if the business makes money you make money. If the business doesn’t do well or fails, you lose your money.
a) True
b) False
c)
d)

An __________________is anyone who puts their money into a company to help it grow.
a) Stock market
b) Corporation
c) Investor
d) Businessman

Economists believe that economics are ______________.
a) Strong
b) Weak
c) Cyclical
d) Manipulated

The Austrian School of Economics disagrees that economies are cyclical. They argue that economies cycle due to poor ____________________.
a) Stock market
b) Investors
c) Corporations
d) Government policies

An economy occurs anywhere you buy and sell goods.
a) True
b) False
c)
d)

Post WWI, Americans were tired of war and wanted the US to worry about the US and became ___________________.
a) Angered
b) Isolationist
c) Territorial
d) Nationalist

The Kellogg-Briand Pact states that it is now ______________to start an offensive war.
a) Necessary
b) Not necessary
c) Illegal
d) Punishable

Rugged Individualism is an ideal that if you work harder you will ____________.
a) Fail
b) Need assistance
c) Be successful
d) Need Investors

During the first year of Herbert Hoover’s presidency the economy____________.
a) Soars
b) Progresses
c) Cycles
d) Collapses

A ____________is owned by many different investors.
a) Conglomerate
b) Stock market
c) Investment
d) Corporation

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