If Every Individual Were Required to Be Self-Sufficient

question 150

Multiple Choice

If every individual were required to be self-sufficient:

• A)living standards would fall.
• B)living standards for some individuals would fall,but for others they would rise.
• C)living standards would rise.
• D)it's impossible to say how living standards would change.

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Definitions:

Second New Deal

A series of programs and reforms introduced by President Franklin D. Roosevelt in the 1930s aimed at economic recovery and social welfare improvements during the Great Depression.

Depression

A severe and prolonged downturn in economic activity characterized by high unemployment, falling prices, and decreased production, or clinically, a mental health disorder marked by persistent sadness and lack of interest.

United Mine Workers

A labor union that represents coal miners in the United States and Canada, advocating for workers' rights and safety since its founding in 1890.

Industrial Freedom

The concept of allowing industries to operate with minimal government intervention, emphasizing free markets and competition.