Politics and Prosperity, 1920–1929
Highlight the response that best answers the question.
1. Why did many Americans favor political isolationism during the 1920s?
The domestic economy wasn't strong enough to support international political initiatives.
Isolationism was viewed as a means of protecting Democratic values.
Many Americans had suffered from the country's involvement in World War I.
Isolationism helped to develop economically beneficial "entangling alliances."
2. Which of the following was the nation's largest manufacturing industry in the 1920s?
steelmaking
house construction
automobile production
oil refining
3. Henry Ford's first two commercial automobiles were the
Model T and Model A.
Chevrolet and Model T.
Model T and Quadricycle.
Model A and Model B.
4. Gross National Product (GNP) is
a midwestern automobile manufacturer founded in the 1920s.
the total value of all products produced by a single worker in a year.
the total value of all products produced by all assembly-line workers in a year.
the total value of goods and services produced by a country in a year.
5. Critics of assembly lines claimed that they
required employees to learn too many skills.
strained workers physically and mentally.
were too inefficient for mass production.
effectively prevented unions from forming.
6. Buying on margin is sometimes practiced in
the publishing industry.
stock trading.
industrial expansion.
paper manufacturing.
7. The use of the assembly line to manufacture automobiles allowed Ford to
sell cars at higher prices.
produce cars without factory workers.
sell cars at prices ordinary Americans could afford.
gain a monopoly on the automobile industry.
8. Republican Presidents in the 1920s encouraged economic growth by
encouraging immigration.
increasing the power of government.
raising taxes.
interfering as little as possible with business.
9. What event occurred on November 6, 1917 that would have lasting international
repercussions?
President Warren G. Harding was assassinated.
Lenin's Bolsheviks overthrew the Russian government.
Sacco and Vanzetti were executed for murder.
A series of U.S. labor strikes began.
10. As it applies to immigration policy, a quota is a(n)
approval of citizenship to an immigrant.
denial of citizenship to an immigrant.
law that defines the requirements of U.S. citizenship.
numerical limit on immigration from certain ethnic groups or nations.
11. During the 1920s, the average American's personal debt
dropped rapidly.
declined slightly.
remained about the same.
increased steadily.
12. By the late 1920s, personal wealth in the United States
was nearly nonexistent.
was distributed widely among the population.
was concentrated in the hands of a small number of people.
was becoming a problem for the federal government.
13. Stock values in the late 1920s
failed to keep up with general economic conditions.
rose sharply.
rose gradually with the nation's expanding industrial base.
remained well below the levels they had enjoyed during the World War I years.
14. One characteristic of a consumer economy is that
people make everything they need.
people buy large numbers of products.
most people work at home.
only the rich can afford modern products.
15. One factor that caused some industries to slow in the late 1920s was
overproduction.
rising taxes.
speculation.
welfare capitalism.
16. During the Red Scare, many Americans blamed labor strikes on
Communists.
high rent.
the shortage of workers.
Republicans.
17. Installment plans were developed by manufacturers to
help customers get products installed in their homes.
speed up production of goods.
increase profits by loaning money and charging interest.
reduce consumer debt and encourage spending.
18. Calvin Coolidge's presidency was marked by
a sharp increase in government spending.
a laissez-faire approach to business and a minimal role for government.
corruption and scandal from misguided presidental appointments.
economic instability.
19. Ford's control of all the businesses that contributed to the development of his automobile was
an example of
horizontal consolidation.
mass manufacturing.
vertical consolidation.
economies of scale.
20. Communists advocated
government control of farms, industries, land, and transportation.
private property and individual freedoms.
a return to "normalcy."
the conviction of Sacco and Vanzetti.