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Author Question: Following the war-time prosperity for capital and the rich during World War I (191418), income ... (Read 36 times)

bobbie

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Following the war-time prosperity for capital and the rich during World War I (191418), income distribution trended towards greater equality when peace came and market forces replaced the economy's wartime concerns in determining income
 
  distribution. Indicate whether the statement is true or false

Question 2

Greenbacks were first issued
 
  (a) by the Federal government to help the economy out of a recession in the 1850s.
  (b) by the States to pay for the construction of canals.
  (c) by the Federal government to help pay for the Civil War (18611865).
  (d) by banks during the Free Banking Era.



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Dominic

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Answer to Question 1

True

Answer to Question 2

(c)




Dominic

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