Why was the repeal of prohibition a significant event following the Great Depression? It provided a psychological boost, increasing aggregate demand. It slowed the economic recovery, due to excessive drinking. It was a major political loss for the republican administration and ushered in the New Deal O It prevented the U.S. alcohol industry from going out of business. How would you characterize the overall economic growth of the United States since the founding of the country until today? Rapid growth with occasional economic crises. O Rapid growth with no economic crises. Slow growth only to be surpassed by China. Slow but steady growth, almost no economic crises. Compared to 25 years ago, Northwest Indiana today produces: Very little steel More steel About the same amount of steel. Less steel

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