When Woodrow Wilson Became President in 1912, the Most Serious

question 43

Multiple Choice

When Woodrow Wilson became president in 1912, the most serious shortcoming in the country's financial structure was that the

• A) largest banks were too heavily concentrated in New York City.
• B) Bank of the United States had been greatly weakened.
• C) banking system was too tightly controlled by the federal government.
• D) U.S. dollar was tied to gold.
• E) currency was inelastic.

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Definitions:

Force-Field Analysis

A management technique developed by Kurt Lewin used to plan and implement change, identifying all the factors for and against a decision.

Group Perceptions

Collective beliefs or opinions held by members of a group towards certain issues, events, or situations.

Interdependent Forces

Factors or elements within a system or environment that rely on or influence each other, affecting outcomes or behaviors.

Moving Stage

A phase within a process or project characterized by significant transition or change.