Question 1 (1 point) Which of the following terms refers to activities ranging from buying food at a grocery store to burning natural gas as an energy source?

Question 1 options:

Communism

Corruption

Consumption

Capitalism

Question 2 (1 point)
When did the US have the highest recorded unemployment rate in its history?

Question 2 options:

The end of WWII

The 2008 Recession

The Great Depression

The Coronavirus Pandemic

Question 3 (1 point)
If two people negotiate a price of something, based on what one person is willing to pay and what another is willing to sell for, then they are operating a system governed by what principle?

Question 3 options:

Fairness and Equity

Supply and Demand

Equality for All

Buyer Beware

Regulation
Read each of the following sources, then answer the connected questions

Source 1: An Evaluation of the New Deal, government programs put in place in the 1930's in the US as a response to the Great Depression, excerpt from a textbook

How effective was the New Deal at addressing the problems of the Great Depression?

The New Deal itself created millions of jobs and sponsored public works projects that reached most every county in the nation. Federal protection of bank deposits ended the dangerous trend of bank runs. Abuse of the stock market was more clearly defined and monitored to prevent collapses in the future. The Social Security system was modified and expanded to remain one of the most popular government programs for the remainder of the century. For the first time in peacetime history the federal government assumed responsibility for managing the economy. The legacy of social welfare programs for the destitute and underprivileged would ring through the remainder of the 1900s.

Laborers benefited from protections as witnessed by the emergence of a new powerful union, the CONGRESS OF INDUSTRIAL ORGANIZATIONS. African Americans and women received limited advances by the legislative programs, but FDR was not fully committed to either civil or women's rights. All over Europe, fascist governments were on the rise, but Roosevelt steered America along a safe path when economic spirits were at an all-time low.

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Source 2: Excerpt from The Conscience of a Conservative, written by Barry Goldwater, a conservative Republican senator from Arizona, in 1960. He starts by referring to Franklin Roosevelt's New Deal.

Franklin Roosevelt's rapid conversion from Constitutionalism to the doctrine of unlimited government is an oft-told story . . . I am here concerned . . . by the unmistakable tendency of the Republican Party to adopt the same course. The result is that today neither of our two parties maintains a meaningful commitment to the principle of States' Rights. Thus, the cornerstone of the Republic, our chief bulwark against the encroachment of individual freedom by Big Government, is fast disappearing under the piling sands of absolutism. . .

The Root evil is that the government is engaged in activities in which it has no legitimate business. As long as the federal government acknowledges responsibility in a given social or economic field, its spending in that field cannot be substantially reduced.

Question 4 (1 point)
Which of the following statements could best be supported by both sources?

Question 4 options:

After the crisis of the Great Depression the reforms of Franklin Roosevelt's New Deal were no longer necessary and so were removed

Franklin Roosevelt's New Deal expanded the role of the government too much and is leading to tyranny

Under the New Deal, President Franklin Roosevelt expanded the power of the government in the areas of society and economics

The New Deal, under Franklin Roosevelt, was successful in reducing the pain caused by the Great Depression

Question 5 (1 point)
Which of the following questions would the authors of the two sources most likely disagree about?

Question 5 options:

Did the New Deal have an overall positive effect?

Did the New Deal have a long lasting effect?

Did the New Deal change the role of the federal government?

What did FDR do in response to the Great Depression?