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Week 02 Quiz Economics - Week 02 Quiz 1.In the first week...

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Week 02 Quiz 1.In the first week in March 1933, ______ banks had shut their doors. E. all 2.Statement I. The Roaring Twenties began and ended with depressions. Statement II. Although there was a stock market boom in the 1920s, most Americans experienced a declining standard of living A. Statement I is true and statement II is false. 3.The New Deal A. may be summarized by these words: relief, recovery, and reform 4.The New Deal was the economic program of B. Franklin D. Roosevelt. 5.Which statement is true? D. Mass production cannot take place without mass consumption, nor can mass consumption take place without mass production. 6.Which statement is false? D. None of the statements are false. 7.Statement I. Suburbanization increased our dependence on foreign oil. Statement II. Once returning World War II veterans found new housing in the suburbs, the process of suburbanization came to a halt. A. Statement I is true and statement II is false .
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