View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 5, Created Equal.

Multiple Choice Questions

1. Originally, in the early days of the country, equality meant:
(a) the basis for welfare legislation
(b) equality before God
(c) the end of slavery
(d) equality in all aspects of life

2. A deposit represents:
(a) a loan to the individual
(b) money stuffed in a mattress
(c) a claim against the bank
(d) a liability of the individual

3. Which of the following is not a New Deal program?
(a) social security
(b) unemployment insurance
(c) Great Society
(d) public assistance

4. The Federal Deposit Insurance Corporation:
(a) guarantees deposits against a loss up to a stated amount
(b) guarantees the full amount of all deposits against loss
(c) provides mortgage insurance for homeowners
(d) guarantees the repayment of bank loans

5. Free markets lead to:
(a) economic tyrrany
(b) greater individual freedom
(c) bankruptcy
(d) less individual freedom

Short Answer Questions

1. Free trade takes place when:

2. Which of the following is not a problem experienced by the British National Health Service?

3. The New Deal programs were not carried to their completion because of:

4. Equality is discussed in all but the following ways:

5. The Federal Reserve Act was legislated in:

(see the answer key)

This section contains 224 words (approx. 1 page at 300 words per page) View a FREE sample