History, 28.07.2021 14:00 samtrevino9921
The following excerpt is from a 1945 government report on the economic impact of World War I.
The Committee's optimism (about the health of the U. S. economy] did not keep it from noticing
serious maladjustments... such as overexpansion of speculation and
the unsatisfactory situation
of farmers... [I]ts tendency, however, was to underrate the danger of these maladjustments and
to overrate the stability of the economic system.
- "Postwar Economic Perspectives," W. S. Woytinsky, Principal Consulting Economist, Bureau
of Employment Security
How did New Deal legislation address the economic consequences of the “maladjustments”
discussed in the excerpt?
A. by creating subsidies
B. by funding old age pensions
C. by enforcing immigration quotas
D. by outlawing labor union reforms
Answers: 3
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The following excerpt is from a 1945 government report on the economic impact of World War I.
The C...
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