EOC Review - Overall - Economics

Front

What was the primary goal of the Homestead Act of 1862?

Back

To encourage settlers to migrate West

Front

The Gilded Age is best known for:

Back

Industrial growth and economic inequality

Front

What major labor strike disrupted the railroad industry and led to federal intervention in 1894?

Back

Pullman Strike

Front

What was the purpose of the Sherman Antitrust Act (1890)?

Back

To break up monopolies and restore competition

Front

The Great Depression officially began with: The Dust Bowl, The passage of the New Deal, The Stock Market Crash of 1929, Prohibition

Back

The Stock Market Crash of 1929

Front

Which New Deal program focused on providing jobs through public works projects?

Back

WPA

Front

How did the Dust Bowl affect the U.S. agricultural industry?

Back

It devastated farmland and led to a decline in crop production.

Front

The economic purpose of WWII mobilization included: Decreasing government spending, Reducing women’s participation in labor, Increasing industrial production, Returning to isolationist policies

Back

Increasing industrial production

Front

The GI Bill helped post-WWII veterans by:

Back

Funding education and home loans

Front

The 1950s saw an economic boom largely due to: High tariffs, Increased consumer spending, Decreased military spending, Agricultural expansion

Back

Increased consumer spending