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GECIV 100 FINAL EXAM QUESTIONS AND VERIFIED ANSWERS..

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GECIV 100 FINAL EXAM QUESTIONS AND VERIFIED ANSWERS

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In periods of inflation the value of money:


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Goes down.




Which statement correctly describes a possible cause of sustained inflation since
World War II?


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It has been getting increasingly difficult to get certain resources, so the
price of those resources is continually going up.

,Price instability, another inherent weakness in the Market System, creates problems
with or which can be destabilizing and harmful to the economy and individuals.


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inflation or deflation




describe something about the patriot "philosophers" and political theorists of the
1760s and 1770s?


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The role of these patriots was very important because they sought to justify
the rebellion and carefully shape the arguments and appeals for liberty.




The Continental Congress adopted the Declaration of Independence, announcing the
colonies' separation from Great Britain, on which date


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July 4, 1776




The official justifications for Japanese Internment during World War II included all of
the following except:


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, Settlers were needed in the more barren parts of the West.




What are the three major strategies employed to solve the problems of scarcity?


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tradition, command, market




There were various problems that arose under the Articles of Confederation. Which of
the following is NOT an example of these problems?


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Because the Congress of the Confederation represented the people
directly, factions gained too much control in federal government.




What term refers to a general slowdown or decline in economic activity and output?


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Recession




The two major political parties in the United States:


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, Are considered middle-of-the-road because they must attract the vast
majority of American voters who are also in the center of the ideological
continuum.




The spirit of entitlement can have influence over the following:


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All of the answers are correct as all people can be hurt by the spirit of
entitlement.




The Constitution was designed to


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strengthen the national government




Which of the following correctly link a political party to the leading individual of that
party?


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Democrat—Franklin D. Roosevelt




What was the name of the man who rallied farmers and ex-soldiers into mob action
against the Massachusetts state government in 1786?

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