Which of following are good credit choices?

Pay on time and at least your minimum.

When you pay your bills late, how does this negatively effect you?

You don't qualify for other loans when you need them.

What is a satellite nation?

A nation that supports a communist government.

What did the GI bill do for white veterans?

Gave them money for school/house

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Mini Test 2 Review

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Reviewing Personal Finance and Cold War concepts.

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Questions 12

Answers

1
What plan required European nations to make economic plans and not be communist to get US help?
Truman Doctrine
Marshall Plan
Containment
Domino Theory
2
What started the Space Race?
Launch of Apollo 13
Putting a man on the moon.
Launch of a monkey into space
Launch of Sputnik
3
Which of the following is an example of a cold war?
Korean War
Vietnam War
World War II
Arms Race
4
Which of following are good credit choices?
Go over your credit limit
Pay a small amount at a time
Pay late
Pay on time and at least your minimum.
5
When you pay your bills late, how does this negatively effect you?
You have to pay more taxes.
You have more money to spend on things.
You earn less income.
You don't qualify for other loans when you need them.
6
Which presidential election had the first televised debates between Nixon and Kennedy?
1952
1968
1964
1960
7
When you are deciding how to make the most money on your savings, what do you look for?
Long terms
Low interest rates
Low risk
High interest rates
8
What is a satellite nation?
A nation that supports a fascist government.
A country that supports the spread of McCarthyism.
A nation that supports a communist government.
A democracy in Western Europe during the Cold War.
9
What were the 2 counter cultures of the 1950s and 1960s?
Rockers and Yippies
Beatniks and Rockers
Yippies and Hippies
Beatniks and Hippies
10
What was the idea that if one Southeast Asian nation fell to communism, the rest would follow?
Truman Doctrine
Containment
Marshll Plan
Domino Theory
11
What is a percentage of a sum of money charged for its use called?
Interest Rates
Credit
Borrowing
Investing
12
What did the GI bill do for white veterans?
Helped them get a job
Gave them money for school/house
Helped them deal with PTSD
Gave them money to get married

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