Essay on World War II Flashcards
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In the early 19th century, the United States suffered from a scarcity of
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labor, relative to land
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What was not apart of the New Deal?
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a balanced budget
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Between 1939 and 1944, federal government spending rose by more than
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400%
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The year 2012 had a relatively ________ unemployment rate and a ________ rate of inflation
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High, Low
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The most accurate description of our economy since the end of 2007?
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Worst economic mess since the Great Depression
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Compared to 1870 and 1945, our economic history since 1945 could be considered
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More stable
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The longest economic expansion in our history began in
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Spring of 1991
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Completely changed the face of the United States in the 25 years following World War II.
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Suburbanization
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Most of the recessions since World War II lasted
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6 to 12 Months
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There was a major tax cut in what year?
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1964
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In the 1970s, our economy suffered from
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inflation and stagnation
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Our longest uninterrupted economic expansion took place mainly in the decade of the
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1990
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In the 1990s our economy has generated more than how many jobs?
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20 Million
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The South had some very substantial economic grievances against the North in the years immediately preceding the Civil War.
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True
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What was not a contributing factor to suburbanization except
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federal subsidies for public transportation
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The economic downturn that began in December 2007 is the longest since
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the 1930s
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Chances are this century will turn out to be another \"American Century.\"
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\"American Century\"
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Our most rapid job growth was in the period from
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1995-2000
