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A refusal to buy products or use services as a means of protest

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"My most immediate concern is in carrying out the purposes of the great work program just enacted by the Congress. Its first objective is to put men and women now on the relief rolls to work and, incidentally, to assist materially in our already unmistakable march toward recovery... We must begin now to make provision for the future. That is why our social security program is an important part of the complete picture. It proposes, by means of old age pensions, to help those who have reached the age of retirement to give up their jobs and thus give to the younger generation greater opportunities for work and to give to all a feeling of security as they look toward old age.Provisions for social security, however, are protections for the future. Our responsibility for the immediate necessities of the unemployed has been met by the Congress through the most comprehensive work plan in the history of the Nation. Our problem is to put to work three and one-half million employable persons now on the relief rolls. It is a problem quite as much for private industry as for the government."—Franklin D. Roosevelt, Fireside Chat, April 28, 1935What connection did President Roosevelt draw between social security and unemployment? a. President Roosevelt argued that the social security program only related to future welfare and had no connection to unemployment. b. President Roosevelt stated that social security would ease unemployment by encouraging older workers to retire and opening up jobs for younger workers. c. President Roosevelt explained that social security benefits are expensive and that this cost would drive up the unemployment rate. d. President Roosevelt argued that social security might increase or decrease unemployment so he also proposed a comprehensive work plan.

"While some economists argue that full employment can be restored if wages are allowed to fall to lower levels, Keynesians maintain that employers will not employ workers to produce goods that cannot be sold. Because they believe unemployment results from an insufficient demand for goods and services, Keynesianism is considered a "demand-side" theory that focuses on short-run economic fluctuations.Keynes argued that investment, which responds to variations in the interest rate and to expectations about the future, is the dynamic factor determining the level of economic activity. He also maintained that deliberate government action could foster full employment. Keynesian economists claim that the government can directly influence the demand for goods and services by altering tax policies and public expenditures." —Encyclopædia BritannicaJohn Maynard Keynes argued that the best way to lower unemployment is to a. increase demand for goods and services by cutting government costs. b. allow the market to set interest rates for loans to businesses. c. increase government spending in order to increase demand for goods and services. d. allow interest rates to increase in order to lower unemployment rates.

The general attitude of the public leading up to the Black Tuesday was that a. a sense of economic unity was needed to keep investors optimistic. b. the events leading to the stock market crash were completely unknown. c. no one believed that the warning signs would result in a crash in the stock market. d. the stock market crash was predicted in advance but nothing was done to prevent it.

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