Question

According to President Truman, which of the following outcomes were predicted by many experts in the years following the end of World War II?

Check all of the boxes that apply.

inflation

World War III

economic collapse

economic stabilization
Prophets of doom predicted that the United States could not escape a runaway inflation during the war and an economic collapse after the war. These predictions have not been borne out. On the contrary, the record of economic stabilization … has been an outstanding accomplishment.

–President Harry Truman
January 21, 1946

Answer 1

[x] inflation

[x] economic collapse

[ ] World War III

[ ] economic stabilization

Explanation: Truman says "Prophets of doom predicted ... runaway inflation during the war and an economic collapse after the war," and contrasts that with the actual "record of economic stabilization."