Statement I: Until the Mid-1970s,U

question 158

Multiple Choice

Statement I: Until the mid-1970s,U.S.exports and imports were less than 1 percent of our domestic output.
Statement II: America was called the "arsenal of democracy" because of the vast quantity of armaments we sent to our allies during World War II.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.

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Definitions:

Economic Development

The process of improving economic well-being and quality of life through growth and development, often through government policies and programs.

North America

A continent in the Northern Hemisphere and almost entirely within the Western Hemisphere; it includes countries such as Canada, the United States, and Mexico.

King George's War

The North American theater of the War of the Austrian Succession (1740-1748) involving French and British colonies.

New England

A region in the northeastern United States known for its colonial history, comprising states such as Massachusetts, Connecticut, Rhode Island, New Hampshire, Vermont, and Maine.