Questions You Must Know the Answers To. Flashcards
This is the Most Important Deck
What problems exist with Social Security? List at least two. What makes them a problem?
Provide three possible solutions for the problem.
There is not enough money to keep up with the aging population, and the funds may not be enough for future retired people. We can increase taxes, reduce benefits, or invest money better.
How did farmers and the U.S. government create an ecological and economic disaster during the 1930s? What natural events triggered it? What’s happening now?
Over-farming, Drought, and Erosion caused the Dust Bowl, which was a deadly storm that destroyed the nation’s crops.
How did the Beginning of WWII affect the Great Depression
The War effort made more jobs for Women and African Americans, increased demand as supply dropped, and got everybody’s hopes up for the battle.
Why did the US government create the War Production Board and the Office of Price
Administration? What were their purposes? Why couldn’t the government trust business and
individuals to do what was right?
To control the amount of War Materials and to make sure large businesses didn’t get too much power during a desperate time.
How was money raised during the War effort
War bonds were bought, taxes were increased, and the government sold a bunch of assets.
Why did some of the economy see job loss after the war ended? What did women do?
When the need for war materials decreased, there were less job opportunities and most women went back to being housewives for a while.
What allowed the USA to dominate the postwar global economy? Provide reasons the country
saw such unprecedented growth.
The United States had their people wake up from the depression, and they started passing bill after bill to help the people, and production began to roar once again with the amount of people in the workforce.
How did the GI Bill assist returning veterans and the US economy?
The GI Bill give Veterans things like Medical Care, Financial Support, and more to help with living expenses.
Why was there a housing shortage following WWII? Who helped solve the crisis? How? What
were the social and economic impacts of the modern suburbs?
Due to the Baby Boom, people were getting out of hand for housing industries to keep up. This added homeless people to the U.S and places like Levittown and Government support got people a place to stay.
How did the Federal Aid Highway Act of 1956 affect the USA both positively and negatively?
How and why did small towns suffer?
It gave the country a way to get around without relying on private roads built by counties, but to do this sometimes they bulldoze thorough your house, though paying a fair price for it
What were LBJ’s economic programs called? Provide some examples of what they were and
how they operated.
They were called the Great Society, and it gave things like the Head Start, Medical Assistance, and Financial Support for the Poor.
How did the Vietnam War affect LBJ’s programs?
A war is expensive and can leave a country in a state of peril, and with the less workers out into the battlefield and lack of money to keep up the programs, the effectiveness of the Great Society plummeted.
Why, during the 1970s, was America’s position as the “unchallenged colossus of the capitalist
world” threatened?
The U.S was busy taking care of itself not to fall apart, and other countries had more than enough time to catch up.
This is free question.
Yes.
How did the OPEC oil embargo and the late 70s energy crisis negatively affect the US economy
and auto industry?
When the oil embargo happened, other countries began to stop supplying as much oil, and without the large amount of energy, the cars couldn’t get around as easily, and prices for electricity, oil and gas rose like mad.
