Since World War II,with the Exception of the Late 1990s,the

question 1

Multiple Choice

Since World War II,with the exception of the late 1990s,the governments of most developed countries have

• A) run budget surpluses
• B) repaid their national debts
• C) run budget deficits in times of recession
• D) kept their budgets balanced
• E) been net lenders in times of recession

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Definitions:

Chemical Compounds

Substances formed by the combination of two or more different chemical elements held together by chemical bonds.

Pottery

The craft or profession of making objects from clay, fired at high temperatures to create bowls, vases, and other artifacts.

Primary Invention

The original creation of a new process, method, or device that significantly alters how people live or interact with their environment.

Secondary Innovation

The deliberate application or modification of an existing idea, method, or device.