chapter 26 Q History

chapter 26 Q History - 2. Which, if any, of the economic...

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Chapter Review Questions: Purpose: History classes can be overwhelming, so many dates, places, names, etc. The purpose of the questions below is to get you to focus on major ideas or themes in each chapter. The questions are designed to get you to “flesh out” these ideas. Yes or no answers are not expected nor wanted . Students should also look to see if an “Economic Reasoning Principle” applies and note it. o These questions, and their answers will form the basis for much of your grade. o You will find answers to quizzes as well as midterm essay questions built around these weekly chapter questions. o If you do not prepare these questions in advance of class you will lose points for participation . Moreover, you will not be well prepared for the midterms. Questions Chapter 1. Given your prior knowledge or studies, what about this chapter most surprised you? What ideas, if any, do you have most trouble accepting? Why?
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Unformatted text preview: 2. Which, if any, of the economic principles discussed in the first week did you see at play in this chapter? 3. For thirty years since the end of WWII most economic experts would agree that the size and influence of the government, at all levels, increased. Explain How government spending grew as a percentage of GDP? How is welfare spending different from the government purchase of a road? Why didnt federal employment grow as quickly as federal spending? 4. Since 1940 who were the winners in the battle of government monies and who where the losers? Explain why 5. What was the little New Deal? 6. What were the main elements of the Conservative Revolution and why did it happen? 7. How did farm policies change during the 70s -90s? 8. What was Wagners Law and how might it affect your expectations of voting patterns? 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.

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chapter 26 Q History - 2. Which, if any, of the economic...

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