Economic Challenges and Government Response in 20th Century America Quiz

Test your knowledge of economic events, policies, and figures in 20th century America with this quiz on macroeconomics.

#1

Which economic event marked the beginning of the Great Depression in the United States?

Stock Market Crash of 1929
Black Tuesday of 1929
The Dust Bowl
Bank Failures of 1930
#2

Who was the President of the United States during the Great Depression?

Franklin D. Roosevelt
Herbert Hoover
Woodrow Wilson
Harry S. Truman
#3

Which event led to the United States entering World War II?

Attack on Pearl Harbor
D-Day Invasion
Bombing of Hiroshima and Nagasaki
Battle of Stalingrad
#4

Which economic policy aimed to stimulate post-World War II economic growth in the United States?

Monetarism
Supply-side economics
Fiscal conservatism
Keynesianism
#5

Which president implemented the 'New Deal' programs in response to the Great Depression?

Franklin D. Roosevelt
Herbert Hoover
Woodrow Wilson
Harry S. Truman
#6

What was the primary goal of the Federal Deposit Insurance Corporation (FDIC) created during the New Deal era?

To regulate the stock market
To provide unemployment benefits
To protect bank deposits
To create jobs through public works projects
#7

Which New Deal program aimed to provide jobs to young men and conservation work?

Civil Works Administration
Tennessee Valley Authority
Civilian Conservation Corps
National Recovery Administration
#8

What was the purpose of the Social Security Act of 1935?

To provide unemployment benefits
To provide retirement income
To regulate the stock market
To regulate the banking sector
#9

What was the primary purpose of the Marshall Plan?

To rebuild European economies after World War II
To contain the spread of communism
To establish military alliances
To promote international trade
#10

Which president introduced the concept of 'The Great Society' in the 1960s, focusing on social welfare programs?

John F. Kennedy
Lyndon B. Johnson
Richard Nixon
Dwight D. Eisenhower
#11

Which of the following events contributed to the end of the Great Depression in the United States?

The start of World War I
The signing of the Treaty of Versailles
The entry of the United States into World War II
The collapse of the Soviet Union
#12

Which president signed the Economic Recovery Tax Act of 1981, implementing supply-side economic policies?

Ronald Reagan
Jimmy Carter
George H. W. Bush
Bill Clinton
#13

Which economist is known for his theory of 'Keynesian economics' that influenced government policies during the Great Depression?

Milton Friedman
John Maynard Keynes
Adam Smith
Friedrich Hayek
#14

Which legislation was passed to regulate the financial industry and prevent another economic crisis after the Great Recession?

Dodd-Frank Wall Street Reform and Consumer Protection Act
Glass-Steagall Act
Gramm-Leach-Bliley Act
Sarbanes-Oxley Act
#15

Which economist is associated with the concept of 'Trickle-down economics'?

Milton Friedman
John Maynard Keynes
Adam Smith
David Ricardo
#16

Which president signed the Tax Cuts and Jobs Act of 2017, aimed at reducing corporate and individual tax rates?

Donald Trump
Barack Obama
George W. Bush
Bill Clinton
#17

Which president initiated the 'Reaganomics' economic policies, characterized by tax cuts and deregulation?

Ronald Reagan
Jimmy Carter
George H. W. Bush
Bill Clinton

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