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Lesson 1 (April 6-7)

Quiz by Alicia Gonzales

High School
Dollars and Sense
Texas Essential Knowledge and Skills (TEKS) - Electives

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Measures 2 skills from
High School
Dollars and Sense
Texas Essential Knowledge and Skills (TEKS) - Electives

130.273.J.6
130.273.J.6.A

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6 questions
Show answers
  • Q1
    A period of time in which the economy is shrinking is known as a(n)
    recession
    inflation
    depression
    300s
    130.273.J.6
  • Q2
    A __________ is a severe recession.
    fiscal policy
    depression
    business cycle
    300s
    130.273.J.6
  • Q3
    Which of the following events in U.S. History was NOT considered as a recession or depression?
    World War II
    Stock Market Crash of 1929
    September 11, 2001
    300s
    130.273.J.6.A
  • Q4
    The great flu of 1918 and the Coronavirus have all of the following in common EXCEPT
    There was no mandate for people to stay home and to stay away from each other.
    Cities closed restaurants and other public gathering places in an attempt to halt the spread of the virus.
    Many Americans lost their lives.
    300s
    130.273.J.6.A
  • Q5
    Why did lawmakers pass economic stimulus packages during the Great Depression and the current Coronavirus pandemic?
    To boost the economy by giving Americans money to spend,
    They wanted to make sure Americans had money to put in their savings accounts.
    To build American's confidence in the Government.
    300s
    130.273.J.6.A
  • Q6
    Amid the Coronavirus pandemic, if we were to take advice from St. Louis during the great flu of 1918, what would that advice be?
    To continue our normal routines such as work, school, and social gatherings because the results would be the same as if we were in lockdown.
    To react late and lightly causing disastrous results.
    To lockdown in a comprehensive way and react aggressively so that we could slow the rate of infection and lives lost.
    300s
    130.273.J.6.A

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