Test: GED Social Studies

"If you make money scarce you make money dear. If you make money dear you drive down the value of everything, and when you have falling prices you have hard times. And who prosper by hard times? There are but few, and those few are not willing to admit that they get any benefit from hard times. No party ever declared in its platform that it was in favor of hard times, and yet the party that declares for a gold standard in substance declares for a continuation of hard times. It is hard to talk when all the conditions are favorable, and I must ask you to excuse me from talking any further in the presence of the noises against which we have to contend today."

-William Jennings Bryan

1.

In the preceeding passage, the 1896 Democratic presidential nominee, William Jennings Bryan, is railing against which economic phenomenon which he associates with economic "hard times"? 

Recession

Inflation

Investment

Debt

Deflation

1/2 questions

0%

Access results and powerful study features!

Take 15 seconds to create an account.
Start now! Create your free account and get access to features like:
  • Full length diagnostic tests
  • Invite your friends
  • Access hundreds of practice tests
  • Monitor your progress over time
  • Manage your tests and results
  • Monitor the progress of your class & students
By clicking Create Account you agree that you are at least 13 years old and you agree to the Varsity Tutors LLC Terms of Use and Privacy Policy.
Learning Tools by Varsity Tutors