Unit Test — Unit test Answers

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21
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Which showed that the economy was weaker than the stock market indicated during the 1920s?

A
Farmers went bankrupt.
B
More people bought goods with cash.
C
Banks helped farmers pay their mortgages.
D
New banks opened and flourished.
22
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Opposed to the idea that government should be directly involved in people’s lives, Hoover

A
believed creating jobs would help Americans survive the Depression.
B
encouraged Americans to move their families to shantytowns.
C
supported the rapid construction and occupancy of Hoovervilles.
D
made sure the nation’s food supply was long lasting and secure.
23

What emerged in the United States during the Great Depression?

A
soup kitchens and shantytowns
B
unemployment and new banks
C
payment and apologies to the Bonus Army
D
home ownership and business success
24

Which factor is used to calculate the GDP?

A
net imports
B
currency inflation
C
industrial production
D
business investment
25

Read the scenario.Jim owns a convenience store. He decides to invest in a hot food buffet. Between building the buffet, hiring a part-time cook, and advertising the food, he spends more than $30,000 over one year.

A
the wages paid to keep a new cook interested in the job for a whole year
B
the time spent researching the local demand for hot food before paying for the new buffet
C
the one-time expenses needed to run the buffet, such as new cooking and safety equipment
D
the profits lost by not investing the money and time in another service, such as a new gas pump

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Unit Test — Unit test Answers — MA-US History II…