What Was President Wilson's First Official Response When War Broke

question 20

Multiple Choice

What was President Wilson's first official response when war broke out in Europe in 1914?

• A) He announced a blockade of Europe on behalf of the Allied Powers.
• B) He announced an embargo of all American products, so that the United States would not repeat the mistakes of the War of 1812.
• C) He announced a declaration of neutrality and called on the nation to be neutral in thought as well as action.
• D) He asked Congress to declare war on Germany to prevent a victory by a militaristic continental power
• E) He announced a preparedness campaign in order to promote armaments and military training.

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Definitions:

Substitution Effect

The shift in buying habits caused by alterations in the comparative costs of products, resulting in consumers substituting higher-priced items with those that are more affordable.

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Energy-efficient lighting devices that use light-emitting diodes to produce light, known for having a longer lifespan and lower energy consumption compared to traditional bulbs.

Marginal Utility Per Dollar

The additional satisfaction gained from spending one more dollar on a good or service.

Substitution Effect

The substitution effect occurs when consumers change their consumption of goods in response to changes in relative prices, substituting cheaper goods for more expensive ones.