INTERNATIONAL ECONOMICS THEORY
AND POLICY 11TH EDITION
COMPREHENSIVE EXAM SCRIPT SOLVED
QUESTIONS GRADED A+
◉ Trickle Down Economics
Answer: economic theory that holds that money lent to banks and
businesses will trickle down to consumers
◉ TVA
Answer: (Tennessee Valley Authority Act) Relief, Recover, and
Reform. one of the most important acts that built a hyro-electric
dam for a needed area.
◉ CCC
Answer: Civilian Conservation Corps. It was Relief that provided
work for young men 18-25 years old in food control, planting, flood
work, etc.
◉ Bank runs
Answer: People were running to banks to take their money out
before the bank collapsed
, ◉ Bank holiday
Answer: closed all banks until gov. examiners could investigate their
financial condition; only sound/solvent banks were allowed to
reopen
◉ Social Security Act
Answer: (FDR) 1935, guaranteed retirement payments for enrolled
workers beginning at age 65; set up federal-state system of
unemployment insurance and care for dependent mothers and
children, the handicapped, and public health
◉ what was the Supreme Court Packing Scheme
Answer: The "court-packing plan" proposed by President Franklin D.
Roosevelt in 1937 aimed to increase the number of Supreme Court
justices to allow him to appoint younger, more liberal justices who
would be more likely to support his New Deal policies.
◉ Main AXIS powers of WWII
Answer: Germany, Italy, Japan
◉ Main Allie Powers of WWII
Answer: United States, Great Britain, Soviet Union, and France
AND POLICY 11TH EDITION
COMPREHENSIVE EXAM SCRIPT SOLVED
QUESTIONS GRADED A+
◉ Trickle Down Economics
Answer: economic theory that holds that money lent to banks and
businesses will trickle down to consumers
◉ TVA
Answer: (Tennessee Valley Authority Act) Relief, Recover, and
Reform. one of the most important acts that built a hyro-electric
dam for a needed area.
◉ CCC
Answer: Civilian Conservation Corps. It was Relief that provided
work for young men 18-25 years old in food control, planting, flood
work, etc.
◉ Bank runs
Answer: People were running to banks to take their money out
before the bank collapsed
, ◉ Bank holiday
Answer: closed all banks until gov. examiners could investigate their
financial condition; only sound/solvent banks were allowed to
reopen
◉ Social Security Act
Answer: (FDR) 1935, guaranteed retirement payments for enrolled
workers beginning at age 65; set up federal-state system of
unemployment insurance and care for dependent mothers and
children, the handicapped, and public health
◉ what was the Supreme Court Packing Scheme
Answer: The "court-packing plan" proposed by President Franklin D.
Roosevelt in 1937 aimed to increase the number of Supreme Court
justices to allow him to appoint younger, more liberal justices who
would be more likely to support his New Deal policies.
◉ Main AXIS powers of WWII
Answer: Germany, Italy, Japan
◉ Main Allie Powers of WWII
Answer: United States, Great Britain, Soviet Union, and France
