63. ​Unit 10-2: 80s Economics Question Preview (ID: 51669)


SocialStudiesGames.net. TEACHERS: click here for quick copy question ID numbers.

The ________________economists policies from the 1930’s through1970 believed that government spending helps the economy.
a) Laissez Faire
b) Keynesians
c) Democratic
d) Liberals

Keynesian policies led to more government control and a ___________economy
a) Booming
b) Soaring
c) Stagnate
d) Controlled

Supply Side Economists believed in businesses spending helps the ___________and has less government intrusion.
a) Economy
b) Global trade
c) Command Market
d) Free Market

By adhering to the Supply Side Economics we take the government rules and regulations out and use a more _____________, hands off approach.
a) Free Market
b) Command Market
c) Laissez Faire
d) Federalist

In the 1980’s the government relaxed some of its laws on banks and let them invest in the ______________.
a) Global economy
b) Stock Market
c) Housing industry
d) Computer industry

Some of the banks made poor decisions in the Stock Market and lost money. So they could not make loans to people wanting to buy _______.
a) Land
b) Businesses
c) Homes
d) Computers

President Ronald Reagan brought with him the idea of ______________. People pay less taxes and spend it to buy goods they want.
a) Reaganomics
b) Regional Economics
c) Inflation
d) Deflation

The down side to reaganomics is the government was collecting fewer taxes and had less money to promote ________________.
a) Capitalism
b) Redistribution
c) Communism
d) Social programs

In 1987 we had a substantial Stock Market drop. It was not caused by “people selling stocks” it was caused by computer software.
a) True
b) False
c)
d)

Under Supply Side Economics a lot of restrictions were lifted as to who can buy and sell stocks (companies). Laws were less restricted on the companies and they got more money from investors.
a) True
b) False
c)
d)

Play Games with the Questions above at ReviewGameZone.com
To play games using the questions from above, visit ReviewGameZone.com and enter game ID number: 51669 in the upper right hand corner or click here.

TEACHERS / EDUCATORS
Log In | Sign Up / Register

Help / Support / FAQ




Gaming Links