What was the purpose of Mellon’s actions?
to increase government tariffs
to increase the budget surplus
to increase authority of the states
to increase consumer spending
 AH2-45
Which statement best completes this table?
The economy has suffered due to high tariffs.
People benefit from government-funded programs.
The free-market economy will self-correct.
Businesses require subsidies to guarantee profits.
What was one effect of the Smoot-Hawley Tariff Act?
It helped decrease the costs of exported goods.
It increased global economic instability.
It stimulated worldwide manufacturing.
It allowed local banks to buy foreign companies.
 AH2-46
This organization was first established during the New Deal era as a reaction against which practice?
using credit to purchase stock
misrepresenting stock values to the public
setting restrictions on foreign stock markets
buying large amounts of stock to form monopolies
Which phrase best explains the economic policy of Calvin Coolidge?
regulation of bank finance laws
support of laissez-faire objectives
increase in income tax rates
regulation of business practices
 AH2-47
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