GED Social Studies Test #7 3

Question 1

The Monroe Doctrine (1823) stated that:

Accepted Answer

The Western Hemisphere was closed to further European colonization

Answer

President Monroe's doctrine warned European powers not to establish new colonies in the Americas and not to interfere in the affairs of newly independent Latin American nations. The U.S. declared the Western Hemisphere its sphere of influence.

Question 2

The primary economic principle behind a "progressive tax" system is that:

Accepted Answer

Those who earn more pay a higher percentage of their income in taxes

Answer

A progressive tax increases the tax rate as income increases. The principle is that those with higher incomes have a greater ability to pay and can absorb a larger percentage. The U.S. federal income tax uses a progressive structure.

Question 3

The Cuban Missile Crisis (1962) was resolved when:

Accepted Answer

The Soviet Union removed missiles from Cuba in exchange for a U.S. pledge not to invade Cuba

Answer

After 13 days of tension, President Kennedy and Soviet Premier Khrushchev reached a diplomatic agreement: the USSR removed missiles from Cuba, and the U.S. pledged not to invade Cuba (and secretly agreed to remove U.S. missiles from Turkey).

Question 4

The graph shows U.S. immigration rates peaked in the early 1900s, dropped sharply after 1924, then rose again after 1965. The 1924 drop most likely corresponds to:

Accepted Answer

The Immigration Act of 1924 that established strict national origin quotas

Answer

The Immigration Act of 1924 (Johnson-Reed Act) severely restricted immigration by setting national origin quotas that heavily favored Northern and Western Europeans while nearly excluding people from Asia and Southern/Eastern Europe.

Question 5

In macroeconomics, the government's use of spending and taxation to influence the economy is called:

Accepted Answer

Fiscal policy

Answer

Fiscal policy involves government decisions about spending and taxation. During recessions, governments may use expansionary fiscal policy (increase spending, cut taxes) to stimulate the economy. Monetary policy is controlled by the central bank.

GED Practice Test

GED Practice Test

GED Social Studies Test #7 3