Reference no: EM133327922

Questions

1. Which of the following is true of the economic conditions involving the United States and the war?

The first two years of the war brought an economic boom to the U.S.

It seemed that U.S. recovery from a recession depended on the sale of war materials to the Allied powers.

The booming U.S. economy in the early years of the war saw declining output over the course of the war.

The U.S. needed loans from Allied powers to recover from a recession, and joined the war effort to secure those loans.

War bonds were the only thing that kept the U.S. economy from collapsing during the latter years of the war.

2. What predicted economic benefit of colonialism, used as a justification for taking colonies, did not prove to be true?

that colonies would prove to be a good source of raw materials for the colonizer states

that gold and silver from the colonies would raise the value of paper money

that colonies would become major markets for colonizers' manufactured goods

that colonies would become major centers of industrial production

that colonies would provide migrant labor for industrial production in colonizer states

3. What was an effect of the Smoot-Hawley Tariff Act of 1930?

International trade dropped, but domestic manufacturing in most industrialized nations increased.

The value of the U.S. dollar fell, allowing the U.S. to export more goods internationally.

Other countries retaliated with their own duties, and international trade dropped.

The U.S. was able to produce and sell more manufactured goods domestically.

The U.S. economy stabilized but was only able to grow at an incredibly slow rate.

4. Which of the following was a core characteristic of the fascism of the 1920s and 1930s?

embrace of strict national boundaries

the elevation of the individual

hatred and fear of class-based visions of society

emphasis on the need for a powerful party and a deemphasis on the role of the state

hostility to chauvinism