Question

1- Which of the following was the most likely reason President Truman decided to use atomic bombs against Japan?

A. He had an agreement with the Soviet Union to use advanced weapons to end the war quickly.
B. He wanted to punish the Japanese people for the surprise attack on Pearl Harbor.
C. The war was going poorly in Europe, so he needed to end the Pacific war quickly.
D. He feared the loss of life that would be involved in a conventional invasion of Japan.

2-How did Franklin Roosevelt attempt to restore trust in the banking system?
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A. He declared a bank holiday and then kept most banks closed.
B. He declared a bank holiday and developed a ranking system for banks.
C. He let the free market sort out strong and weak banks.
D. He pushed billions of dollars of government money into buying the banks.

3-What was Winston Churchill referring to when he mentioned an "iron curtain" across Europe?

A. The division between the rich and poor countries
B. The division between European and Asian countries
C. The division between democratic and communist countries
D. The division between industrialized and agricultural nations

4- Buying _______ describes the purchase of financial products with borrowed money.

A. with cash
B. on recession
C. on margin
D. stock

5-Why were many Eastern European nations considered to be ruled by puppet regimes after World War II?

A. They refused to form modern governments.
B. Their government were really controlled by a secret group of business leaders.
C. Their governments were controlled indirectly by the United States.
D. Their governments were controlled indirectly by the Soviet Union.

6-Which of the following is a reason for the movement of millions of Americans to the suburbs in the 1950s?

A. A desire for more to do at night after work
B. A desire for less room
C. A desire for more room
D. A desire to live closer to work

Answer 1

1. I believe the correct answer is: D. He feared the loss of life that would be involved in a conventional invasion of Japan.

The most likely reason President Truman decided to use atomic bombs against Japan is that he was in fear of the loss of life that would be involved in a conventional invasion of Japan, after he personally saw witnessed the human costs of intense front-line combat in France during the First World War. Truman was convinced that he would lose his life, if the war continued for few more months.

2. I believe the correct answer is: A. He declared a bank holiday and then kept most banks closed.

Franklin Roosevelt attempted to restore trust in the banking system issuing an executive order to temporarily close all of the nation's banks and declared four-days of national banking holiday, starting on the March 6th. After this, Roosevelt issued Emergency Banking Relief Act (March 9, 1933) as an attempt to stabilize the banking system and restore trust.

3. I believe the correct answer is: C. The division between democratic and communist countries.

Winston Churchill, the prime minister of Britain in World War II, coined the expression “Iron Curtain” as he was referring to the division between democratic and communist countries. This division was alluding on Soviet Union’s plans for postwar dominance of Eastern Europe.

4. I believe the correct answer is: C. on margin.

Buying on margin describes the initial or down payment purchase of financial products or assets by paying the margin (deposit) with borrowed money from a bank or a broker. Buying the stocks on margin was one of the events that lead to the market crash which influenced the Great Depression.

5. I believe the correct answer is: D. Their governments were controlled indirectly by the Soviet Union.

Many Eastern European nations were considered to be ruled by puppet regimes after World War II as their governments were controlled indirectly by the Soviet Union. Indirect control of government is called the puppet state – a state that is supposedly independent but is in fact dependent upon an outside power. Joseph Stalin used puppet governments to keep control many Eastern European countries.

6. I believe the correct answer is C. a desire for more room.

The movement of 18 millions of Americans to the suburbs in the 1950s was influenced by a desire for more room, which meant more affordable, peaceful and comfortable housing. The growth of suburb cities was also prompted by low-cost government loans, expanded road and highway construction and increased automobile production