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Risk Management & Assessment Flashcards

7 cards from real SOL practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

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  1. Which New Deal program insures bank deposits to reduce the risk of bank runs?

    Answer: The FDIC

    The Federal Deposit Insurance Corporation protects depositors' savings.

  2. The Social Security Act of 1935 was designed to:

    Answer: Provide economic security for the elderly and unemployed

    It created old-age pensions and unemployment insurance to cushion economic risk.

  3. How did President Kennedy respond to Soviet missiles in Cuba in 1962?

    Answer: He ordered a naval quarantine of Cuba

    The naval quarantine avoided war while forcing the missiles' removal.

  4. What was the central idea of the policy of containment?

    Answer: Preventing the spread of communism

    Containment aimed to stop communism from expanding without direct war with the Soviets.

  5. Virginia's 'Massive Resistance' policy in the 1950s sought to:

    Answer: Block school integration after Brown v. Board of Education

    Virginia leaders closed some schools rather than integrate them until courts struck the policy down.

  6. The attack on Pearl Harbor on December 7, 1941 led the U.S. to:

    Answer: Join World War II

    The Japanese attack brought the United States into World War II.

  7. What did the Gulf of Tonkin Resolution (1964) do?

    Answer: Authorize the president to expand military action in Vietnam

    Congress gave President Johnson broad power to escalate the war without a formal declaration.

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Sources & references

Exam facts on this page (fees, format, dates, passing scores) are checked against these official sources; the date is our last check. Editorial policy

  1. doe.virginia.gov — Test dates, eligibility, time limit, retake policy, score validity, passing score, exam format · verified Nov 2026