Challenges of the 21st Century

AP US History· difficulty 3/5

"There is not a liberal America and a conservative America — there is the United States of America. There is not a Black America and a White America and Latino America and Asian America — there's the United States of America. ... We worship an awesome God in the blue states, and we don't like federal agents poking around in our libraries in the red states." — Barack Obama, Democratic National Convention Keynote, July 27, 2004

Which crisis most directly shaped Obama's 2008 presidential victory and early agenda?

  • A

    A foreign invasion of U.S. territory

  • B

    The collapse of major financial institutions and the Great Recession

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  • C

    A nuclear accident on U.S. soil

  • D

    Hyperinflation caused by the gold standard's reinstatement

Explanation

The September 2008 collapse of Lehman Brothers and the ensuing Great Recession defined the closing weeks of the campaign and Obama's first-term priorities (TARP implementation, ARRA stimulus).

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