Question

1
ss.912.a.1.2, ss.912.a.5.11 (high)
the statement below from herbert hoover was made in 1928. which statement best summarizes his statement?
\you cannot extend the mastery of the government over the daily working life of a people without at the same time making it the master of the peoples souls and thoughts. . . . free speech does not live many hours after free industry and free commerce die. . . . every step of bureaucratizing of the business of our country poisons the very roots of liberalism—that is, political equality, free speech, free assembly, free press, and equality of opportunity. it is the road not to more liberty, but to less liberty.\
a laissez-faire policies interfere with industry and commerce.
b government should avoid interfering with industry and commerce.
c when the government regulates business, people are more likely to have political equality.
d in order to promote free speech, the government must regulate the working lives of people.

2
ss.912.a.5.11 (moderate)
how is the federal reserves policy of maintaining low interest rates during the 1920s related to the great depression?
a low interest rates encouraged speculation by banks and investors.
b low interest rates protected american industries from foreign imports.
c low interest rates discouraged lending by banks.
d low interest rates discouraged farmers from investing to expand production.

Explanation:

For Question 1: Herbert Hoover's statement argues that government overreach into daily work and business undermines liberty, free industry, and free commerce, aligning with the idea that government should avoid interfering with industry and commerce. Options A, C, and D contradict his core message.
For Question 2: Low interest rates in the 1920s made borrowing cheap, which led banks and investors to engage in risky speculative activities (like in the stock market). This speculation was a key factor that contributed to the stock market crash and subsequent Great Depression. Options B, C, and D do not reflect the correct causal link.

Answer:

1. B. Government should avoid interfering with industry and commerce.
2. A. Low interest rates encouraged speculation by banks and investors.