Which of the Following Is True About Recessions in the United

question 73

Multiple Choice

Which of the following is true about recessions in the United States?

• A) They are more common today than in the past.
• B) They are rarer today than in the past.
• C) They occur predictably about every two years.
• D) They occur predictably about every eight years.
• E) They are often caused by changes in government policy.

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Definitions:

Great Depression

A severe worldwide economic depression that took place during the 1930s, notable for its duration, widespread poverty, and impact on global economies.

Flappers

Young women of the 1920s whose rebellion against prewar standards of femininity included wearing shorter dresses, bobbing their hair, dancing to jazz music, driving cars, smoking cigarettes, and indulging in illegal drinking and gambling.

Smoot-Hawley Tariff

A U.S. law enacted in 1930 that raised import tariffs on thousands of products, contributing to the severity of the Great Depression by restricting international trade.

Conservative

Pertains to a political and social philosophy that emphasizes tradition, established institutions, and prefers gradual development to abrupt change.