47. ​Unit 8-11: New Deal - Part 2 (3)​ Question Preview (ID: 51433)


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When the government passes laws to help one group, often it hurts or helps another group.
a) hurts
b) helps
c)
d)

For a company to pay all the employees minimum wage the company has to raise or lower the prices for their goods.
a) raise
b) lower
c)
d)

Often businesses are owned by multiple ___________ and they do not want to lose money.
a) Investors
b) Banks
c) Unions
d) Citizens

When the government gets involved in the economy, the government is choosing who the winners and losers are.
a) True
b) False
c)
d)

The government set “price floors”, a set price for some goods, to protect certain goods (corn in the video) so farmers could still make a __________when supply was high.
a) Minimum wage
b) Union wages
c) Profit
d) Investments

The “classic liberal” would believe that the ______________not get involved and let the economy work itself out.
a) Unions
b) Progressives
c) Banks
d) Government

The “classic liberal” believed that the bad farmers with too much debt and bad practices will go out of business and supply and demand will work itself out without government intervention.
a) True
b) False
c)
d)

In 1937 FDR was elected to a 2nd term of presidency, and promised a 2nd______________________.
a) Government jobs
b) Price fixing
c) Bailout
d) New Deal

Going into WWII, FD fires all of the “brain trust” and brings in _____________ from the private sector
a) Investors
b) Farmers
c) Businessmen
d) Union leaders

The 2nd New Deal expanded or cut many government works programs.
a) expanded
b) cut
c)
d)

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