ECONOMICS
OPPORTUNITY COST
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
During World War II, only a certain amount sugar & gasoline were allowed for purchase
|
|
|
The citizens of the United States giving up certain goods, such as sugar, in exchange for freedom provided by the war
|
|
|
Resources shifted from the citizens to the World War II effort
|
|
|
Using margarine instead of butter
|
Detailed explanation-1: -Many Americans volunteered to defend the nation from enemy bombing or invasion. They trained in first aid, aircraft spotting, bomb removal, and fire fighting. Air raid wardens led practice drills, including blackouts. By mid-1942 over 10 million Americans were civil defense volunteers.
Detailed explanation-2: -In the economic arena, the war ended the Great Depression. Military spending that began in 1940 to bolster the defense effort gave the nation’s economy the boost it needed, and millions of unemployed Americans returned to work to make the weapons of war needed to protect the United States.
Detailed explanation-3: -In the context of the 20th-century history of the United States, the Second Great Migration was the migration of more than 5 million African Americans from the South to the Northeast, Midwest and West. It began in 1940, through World War II, and lasted until 1970.
Detailed explanation-4: -World War II was, arguably, the most significant and influential event of the twentieth century. The devastation is almost incalculable: total military and civilian deaths are estimated at 70 to 85 million, about 3% of the global population during that time. World War II also saw the dawn of the nuclear age.