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Unformatted text preview: you? What ideas, if any, do you have most trouble accepting? Why? 2. Which, if any, of the economic principles discussed in the first week did you see at play in this chapter? 3. Can WWII be called the war of “production and perseverance vs attacks and surprise? Explain. 4. In what ways was WWII paid for? 5. What did the National Defense Adivsory Committee do to wages and prices? Why? How did price increases eventually come out from hiding? 6. According to Robert Higgs, why is the graph on page 25.1 a misstatement of what was going on? What do you think? 7. How did the war period affect the economic lives of American Blacks? 8. How did farmers fare during the war? Why? What were people worried about after the war ended? Chapter Review Questions:...
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This note was uploaded on 03/18/2010 for the course ECON 230 taught by Professor Roscelli during the Fall '10 term at Canada College.
- Fall '10