In 1932,the Farmers' Holiday Association

question 20

Multiple Choice

In 1932,the Farmers' Holiday Association

• A) began and spread throughout the South.
• B) was essentially a farmers' strike.
• C) led to more public money being sent to rural areas.
• D) called on farmers to leave their lands unplanted.
• E) argued that farmers should also reap the benefits of welfare capitalism.

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Definitions:

Production Possibility Frontier

A curve demonstrating the maximum potential output levels of two goods or services an economy can achieve when all resources are efficiently utilized.

Economic

Relating to the principles and practices of economics or the economy; the study of how societies use scarce resources to produce valuable commodities and distribute them among different people.

Entrepreneur

An individual who starts and runs a new business, taking on financial risks in the hope of profit.

Henry Ford

An American industrialist and the founder of Ford Motor Company, known for revolutionizing the automotive industry through the introduction of mass production techniques.